FYI: On June 23, citizens of the United Kingdom voted to leave the European Union. While there has been much speculation leading up to and since the vote, many of the longer-term implications of the referendum remain unclear, as the process for negotiating what the UK exit may look like is just beginning. In keeping with our proven approach to market changes, we urge caution in allowing short-term volatility to affect long-term asset-allocation. Long-term investors recognize that risks of uncertainty are ever present in the markets.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/can-volatility-predict-returns