In recent news, we are amidst a storm of two newly relevant words that we knew nothing about last week. Brexit? E.U.? What are we dealing with here?

For those who don't know...

E.U. stands for The European Union, which was created with the intention of bringing together a divided continent. It consists of 28 different countries

So what is this Brexit vote?

Well, you see, a majority of BRitish voters decided that the United Kingdom should EXIT this European Union. The move has been nicknamed Brexit. Get it?

What exactly happened?

The Brexit vote took place on June 23, 2016. The results were 52% to 48%, favoring the leave. This vote will not have immediate effects, however, aside from the huge news of Prime Minister David Cameron stepping down. Disentangling from all the EU components will prove to be a lengthy process for the UK. It is suggested that the process will most likely take at least two years. The immediate effects and initial steps are vague to say the least.

And so they did it...

Britain is officially out of the European Union. England and Wales both strongly voted towards Brexit, while Scotland and Northern Ireland voted against.

But why?

Some justifications as to why they chose the side favoring Brexit include to following: the money related to their involvement, immigration, and other arguments about power. It is undeniably a monumental moment considering no country has ever left the EU.

But wait..

With the help of Google Trends, we are capable of viewing commonly used google searches. Should we be worried that the UK's Google Trend data turned up with several searches asking "What is the EU?" which became one of the most searched questions after the results were announced. So those who so adamantly voted with confidence on the 23rd, displayed otherwise with their google searches.

What does this mean for us?

Well, the initial reaction of the market, although surprisingly drastic, will not be exceptionally helpful in determining long term effects in regards to the economy. Major decisions typically produce at least some type of market turmoil. Just the same, we can expect them to continue to be erratic. We should, however, to be prepared should the markets fluctuate in a way that eventually affects the U.S., considering the U.K. is such an important trading partner.

We should also be aware of the monetary changes taking place in relation to us. The British pound's collapse in value is great news for a person like me, who is vacationing to London in a couple weeks, but it could have negative implications to our nation as a whole when it involves the prices of our exports and other related items.

I hope this helped clear up some questions in the midst of several confusing headlines.