“An ideology of smallness, of contraction, of wanting to curl up in our own personal, financially secure hole and will everything amusing or interesting or exciting in the world away”-  Tom Whyman, lecturer in philosophy at the University of Essex, writing in Sunday’s New York Times, deploring the Brexit vote

On this day in history, Britons are contemplating a Monday enlivened by warnings of “stagflation” (Barclays) and “exceptional uncertainty” (Deutsche) after last week’s vote to abandon the EU.
Businessinsider.com says “we have never seen a set of analysts’ notes as negative and scary as these.”

British 10-year bond yields have slid under 1 per cent for the first in a resounding vote of no confidence in future economic growth and U.K. banks such as Barclays, Lloyds and Royal Bank of Scotland saw their shares slide again.

Our mission on BNN today is tracking the damage and disruption resulting from the shock British referendum result and helping to position Canadian investors for what Bank of America Merrill Lynch  calls “another in a long string of confidence shocks, hitting an already vulnerable U.S. and global economy."

At 10:30 a.m. ET, we’ll hear from National Bank geopolitical analyst Angelo Katsoras, who calls the upset "a geopolitical earthquake" that presages a "global trend toward increasing nationalism and protectionism." And at noon ET, watch out for Merrill Lynch’s Emanuella Enenajor, who says the Brexit vote may even further inflate home prices in Vancouver and Toronto as international purchasers seek stability in Canada.

There are fears of thousands of job losses if banks scale back in London. Around 12:30 a.m. ET, we’ll be joined by Janet Ecker, CEO of the Toronto Financial Services Alliance, who will set out the city's strategy to attract money-shufflers looking for a new home.

Gold has been trading above US$1,330 this morning, not far off Friday’s two-year highs, as investors run for cover. Raymond James is increasing its 2017 gold price forecast by 10 per cent to US$1,400 and its silver prediction by 21 per cent to $20 (versus $17.85 this morning) citing uncertainty after the British decision and the reduced likelihood of U.S. rate increases.

Raymond James is also upgrading silver producers Bear Creek Mining (BCM.N), Coeur Mining (CDE.N) and Pan American Silver (PAA.T) to Outperform from Market Perform. At 11:30 a.m. ET on Commodities, we’ll hear from Pan American Silver CEO Michael Steinmann.

The British vote for isolation recalls the loneliness of another island nation, Japan, which has long held itself aloof from the world. The Japanese are renowned for their reserve and sometimes terminal shyness, as demonstrated by a booming rent-a-friend industry.

"There are many people who haven't been touched for years,” says an employee at one service. “We have clients who start to cry when we shake hands with them."

Finally, when the weather warms up, some of you may be tempted to roll into workplace meetings looking a tad rumpled. The website inc.com has some advice: Don’t.

“Although meetings can be informal, showing up to one looking like you just rolled out of bed is not appealing,” the site warns. “In fact, showing up to work looking sloppy every day is not appealing, period.”

Seems other no-nos when gathering with colleagues include being late, complaining, playing with your phone or laptop, interrupting and swearing.

Doesn’t mention long, droning monologues and off-colour jokes so we guess we’re still okay doing those. 

Every morning Commodities host Andrew Bell writes a ‘chase note’ to BNN's editorial staff listing the stories and events that will be in the spotlight that day. Have it delivered to your inbox before the trading day begins.