BlackRock/iShares - Weekly Commentary: Value in a post-Brexit world

Key Points
1. Indiscriminate selling after the U.K. Brexit vote may create opportunities in assets with positive fundamentals and relative value (such as quality and dividend-growth stocks).

2. The U.K.’s shock decision pummeled global risk assets and the British pound, and buoyed safe-haven assets.

3. We expect economic data this week to show poor U.S. jobs growth in May wasn’t a harbinger of a U.S. recession.