Economic Commentary: Separating the Signal from the Noise Around Brexit

At times of high uncertainty, the dissemination of information can create more confusion than clarity. The downside of today’s media model has been on prominent display in the days since voters in the United Kingdom cast their Brexit vote, expressing a wish to depart the European Union. In the aftermath, analysts began to project a wide range of separations occurring within regions and countries. It was as if the map of Europe were heading back to its standing of 400 years ago. In the wake of Brexit and the “information” noise surrounding it, there have been important updates on key issues for Europe.