The Country models were down on the week on average about -3.7%. The benchmark was down -3.2%. The Country models lag the benchmark by 2-4% on the year. Domestic and International markets were “rocked” on Friday by the United Kingdom vote to exit the European Union. The markets were clearly factoring in a “remain” vote. On Friday, the SPY gapped down and closed near its low. Many European country ETFs took major hits, with EWU
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