CHARLIE ROSE (CO-HOST): So what possible impact do you see in this presidential campaign coming out of the Brexit vote indicating how people might vote here?
MARK LEIBOVICH: Well, I mean I think that's the $64,000 question. I mean, no one knows if this is actually predictive or instructive. I think what was interesting was the first little wave of response. I think Hillary Clinton actually putting a very tangible sort of price tag on this, actually emphasizing that Americans lost $100 billion in their 401ks on Friday makes this, you know, more real for people. So, I mean, I think we'll see. I think Donald Trump had sort of a kind of troublesome reaction that the Clinton campaign seized on and I think that we'll be seeing more of that ad in the next few days.
GAYLE KING (CO-HOST): Do you think his response to the Brexit vote is going to hurt him?
LEIBOVICH: I think it will hurt him maybe in the short-term. But again, if this is seen as, not much to do about nothing, but if there is no real long-term economic impact on the West and if there's not a lot of contagion out of this, this could be seen retroactively as a useful protest vote that could argur quite well for Donald Trump in November. On the other hand, if you have several weeks, several months of real economic pain, the Clinton campaign can use this as an advertisement for the kind of instability that a Donald Trump election could bring.
