Investors Are Really Confused Around Brexit, Says State Street's Jones

The video discusses the current state of the pound and UK assets from a global investor perspective, highlighting the aversion to political risks and the confusion surrounding Brexit. It explores the potential outcomes of Brexit, including the impact on Sterling and the likelihood of a deal passing through Parliament. The discussion also covers market reactions, particularly in the banking sector, where volatility is rising due to political uncertainties and events like the resignation of Dominic Raab.

Why are global investors hesitant to invest in UK assets currently?

• Due to a strong US dollar

• Because of low interest rates in the UK

• Because of political uncertainties like Brexit

• Due to high inflation rates in the UK

What is one potential outcome if a soft Brexit deal is achieved?

• The UK could face a recession

• The pound could move higher towards fair value

• The EU might impose sanctions on the UK

• The pound could depreciate significantly

What is the general consensus about the first vote on the Brexit deal?

• It is expected to pass easily

• It is expected to fail

• It will be postponed indefinitely

• It will be decided by a public referendum

How did the resignation of Dominic Raab affect the banking sector?

• It caused a significant drop in RBS shares

• It led to a rise in bank shares

• It had no impact on the banking sector

• It resulted in increased foreign investments

What is a significant concern for domestic banks in the UK?

• Increased foreign competition

• Rising inflation

• Weakness in sterling

• High interest rates