As global markets reel after an establishment-rattling vote by Britain to sever ties with Europe, investors are again expecting central banks to ride to the rescue.

And that may be the problem. Or so believe a number of investors and economists who worry that another round of central bank intervention in the markets will compound the sense of alienation, frustration and anger at global elites that encouraged a majority of Britons to opt for leaving the European Union. Traditionally, market participants have tended to cheer central bank activism.(nytimes.com)…[+]