On June 24, the day after Britain voted to leave the European Union, Priceline Group Inc's Kayak , said it saw a 54 percent increase in U.S. searches exploring fares to the United Kingdom compared to other Fridays in the month of June.
Flight searches from the U.K. for U.S. travel also rose 46 percent, according to Kayak.
"Americans may want to secure a great fare, while British may be worried that higher fares will soon hit the market," said Billy Sanez, vice president of marketing and communications at FareCompare.com, which analyzes airfares, when shown the Kayak data.
Search site Travelzoo saw a 35.3 percent increase in travel searches from the U.S. to the U.K. from June 24 to June 27, and StudentUniverse, a travel booking site popular among young people, saw searches for flights from the U.S. to the U.K double from a year ago. It did not show a change in UK-based searches for U.S. trips.The finance community seems willing to push the global economy into a recession just to show the British, because there is no reason for American stocks to suddenly lose 7 percent of their value following this vote.
Congress should investigate.
Meanwhile, visit England, if you can avoid London.