World safer. Reporter speaking at stanford you the do you want obama tried to calm the markets. He saids confident the u. K. can make an orderly transition out of the eu. While the u. K. s relationship with the eu will change, one thing that will not change is the special relationship that exists between our two nations. That will endure. Reporter this move does not take effect immediately. There has to be a formal and Legal Process for the United Kingdom to transition vought the eu. That is going to take some time. Cristina recently down in our newsroom, thank you. The head of nato said today the british vote is concerning but said great britains position in nato would not change. The u. K. Will remain a strong and committed nato ally. And it will continue to play its leading role in our alliance. Natos secretary general went on to say that the vote makes europe more fragmented which creates new security concerns but nato would remain strong and united. The Presumptive Democratic n
So the decision to leave is already having some very immediate impact. First off uncertainty is sweeping europe. The United Kingdom is left divided. The british Prime Minister, David Cameron, has already said he is going to step down and he says that new leadership is needed. The biggest influence is the effect this vote had on markets worldwide. It was a volatile day as stocks just plummeted. And moments ago we did speak with an investor advisor from alamo about the short and long term effects. Richard, what does this mean for investors right now . Investors should remain calm, dont let themselves get emotion fa. They have any money on the sideline that needs to go into stocks, put it in right now. What due predict the future will look like in two years . This issue will have long passed and the market will probably be a lot higher. Reporter the bottom line is that even though this all feels very immediate the transition is going to take awhile. Camerons successor will likely be in pl