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This is Bloomberg surveillance.

If you look at global equities, U.S. market, for example, is near highs, despite all the risks out there.

I think if Britain were to leave, we would see significance spill over, and one of the big ones

is going to be in the financial sector.

We don't think the markets are rational under any circumstance.

Markets can't be rational.

We are human beings.

We are irrational, responding to irrational be rational. We are human beings. We are irrational responding to

irrational and rational news. Bloomberg surveillance, your link to the world of

economics, finance, and investment on Bloomberg Radio.

Good morning everyone Michael McKee and Tom Keene, Bloomberg surveillance, after the

Yellen statement, after the press conference, markets aggressively recalibrate and readjust to a dovish-fed futures negative 10 they were

negative 11 moments ago doubt futures negative 80 currencies

currencies massively that's the correct word, massively adjust, Euro-Yenne, take out the dollar,

Euro-Yenne, $1.60, $1.04, 19.

We'll start with foreign exchange.

...