Everyone's a Winner in Brexit Aftermath as Central Banks "Rescue" Market

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"Some of it is a reflection of how much liquidity is out there, still chasing returns despite the initial spike in uncertainty that Brexit created," Matthew Kaufler, a portfolio manager with Federated Investors Inc. who oversees funds with about $2 billion assets, said by phone. "The central banks around the world have been extra accommodative and they're reinforcing, if not doubling down on, that stance. That's positive for financial assets, at least for the time being."