Coleman Ward, senior vice president of wealth managment at Raymond James & Associates Inc. in Fayetteville.
It’s ironic. The United States celebrated its Independence Day with fireworks, barbecues and family reunions honoring the decision that was made on July 4, 1776, declaring our independence from the British Empire.
Today, 240 years later, the United Kingdom is faced with a similar situation. The people of the United Kingdom have voted for independence and to secede from the 28 nations that make up the European Union.
As the markets digest the implications of “Brexit,” there will be a trickledown effect on the world. In Northwest Arkansas’ largest industries — consumer staples/retail, transportation, the food industry and banking and finance — the exposure to Brexit is minimal. However, the indirect implications will become more important in the coming... [ MORE ]