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Transcripts For CNBC Fast Money 20160616

Puzzling day for the markets stop staging their intraday reversal since march and the move came as reversed sharply off lows, this following tragic death of uk lawmakers some interpreted to mean decrease odds of brexit. Is brexit now off the table . How do the markets respond . Bk, you made the observation first. Its terrible that market is actually reacting to this type of thing and action. That did move the market, the pound move and the rest of the markets. I take this as saying its not necessarily off the table at all. But given the way the markets were trading, you had so many down days in a row, a lot of people shortterm shorts in it. It was probably a good place for people to cover and that accelerated itself. I would not necessarily buy into the rumor brexit is off the table. I think its still out there but there are other issues we have out there and thats the slowing of the Global Economy. If you believe its an option, on the table, you had market reaction, this could be a tr

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