Understanding Brexit’s Impact on Midstream MLPs
Monday was shaping up to be a tough day for midstream master limited partnerships. The sector-tracking Alerian MLP ETF (AMLP) was down more than 4% by early afternoon as the price of crude fell 3.4%. Crude has been falling since the Brexit vote, but MLPs held up okay on Friday.
Read more: http://blogs.barrons.com/incomeinvesting/2016/06/27/understanding-brexits-impact-on-midstream-mlps/