Besides the Brexit turbulence there is another development worth paying attention to (Bloomberg):
The median U.S. worker enjoyed a pay increase of 3.5 percent year-over-year as of May, according to the Federal Reserve Bank of Atlanta's wage growth tracker.
Wage growth has been accelerating since October, quickening to a pace not seen since January 2009
While this is good for the economy, if this continues, it will be difficult for the Fed not to raise rates more, which is likely to be good for the dollar but bad for stocks..

