President & CIO Jeff Sica was a featured guest on “Varney & Co” to discuss Brexit.
- Flight to Safety After UK Vote – WATCH NOW
- Money Looking for Place with No Exposure to Europe – WATCH NOW
- EU Leverage Unravels – WATCH NOW
- “Market Built on Quick Fixes” – WATCH NOW
“First of all, what we have to do is focus on the reality here. The market is grossly overvalued without the whole implications of Britain.”
“This sets in motion a very difficult time but I think if investors are just going to use the fact that maybe the U.K. dropping out of the EU is going to be positive, as justification to buy into this market, I think it’s far too soon.”
Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.