June was a volatile, exciting, and shocking month.
After much anticipation for a Remain result have UK voters, or better Wales and England, voted to leave the European Union. Mark Carney of the Bank of England reacted accordingly by suggesting more quantitative easing and lower interest rates. While Brexit feels like the dominant topic of June 2016, other things happened from a related stock market turmoil and subsequent rebound, the fact that even kids experience gender inequality when it comes to money, Spain voted for stability, Silicon Valley is planning a new stock market, and Millenials' ability to time their investments.
Brexit, Millenials, Spain's election, Entrepreneurship, Bitcoins, and Silicon Valley's new stock market
Captain Finance's summary of some of the ten most interesting stories over the course of June' 30 days.
So here we are: June 2016's memorable events.
So what happened in June?
1. UK voters chose to leave the European Union in a historical Brexit vote, the pound falls to the lowest level since 1985, and their Prime Minister David Cameron resigns?
2. The nature of stock markets: After losing 2 trillion dollars, stock markets rebound days later.
3. Spain votes for stability in their second election in six months.
4. Pay inequality even amongst kids? Boys earn 13% more than girls - at least in pocket money. And the reasons are no different from adults: tough negotiations.
5. Silicon Valley is planning a new stockmarket for long-term investors.
6. Turn your PhD into 150 million dollars. Twitter bought a London startup for imagery recognition.
7. Make money with empty spaces: how one entrepreneur is using unused restaurant space to create coworking areas.
8. Asians are now dominating the millionaire sphere.
9. You've got to hand it to millenials. They chose the right time to invest.
10. Bitcoins as the new safe haven investment? While the pound fell in the aftermath of Brexit, Bitcoins were the go-to investment.