US treasury sec Jack Lew on the wires 27 June 2016

  • UK and EU leaders must provide for stability, continuity

Can't have you cake and eat it Jack. Change does not bring continuity. Continued chaos maybe.

I do get his plea for some semblance of order but that boat sailed a long time ago as the domestic political disarray on both sides increases at pace.

  • tools are in place to manage Brexit fallout
  • EU banks better positioned than they were in 2008
  • market impact from Brexit has been orderly so far

Is he kidding ????