JPMorgan Strategist Is 'Cautious on U.K. in General'

The video discusses the stability of sterling amidst Brexit negotiations, highlighting its steady performance against the euro. It explores the potential for volatility as negotiations progress and emphasizes the long-term nature of Brexit talks. The expected range for sterling is between 1:20 and 1:30, contingent on Brexit outcomes. The video also examines the impact of a weaker sterling on UK consumers, noting declining real wages and retail sales. It advises caution in investment strategies, particularly in UK equities, due to external revenue dependencies and falling oil prices.

What is the current status of the sterling against the euro as mentioned in the video?

• It is experiencing its tightest monthly range since 2014.

• It is stronger than the euro.

• It is at its weakest point since 2014.

• It is highly volatile.

What range is the sterling expected to stay within until more evidence of Brexit outcomes is available?

• 1.30 to 1.40

• 1.20 to 1.30

• 1.40 to 1.50

• 1.10 to 1.20

How has the weaker sterling affected the UK consumer according to the video?

• Falling real wages and purchasing power

• Increased purchasing power

• Decreased inflation

• Rising retail sales

What is the suggested investment strategy for the Footsie 100 given the current economic conditions?

• Invest heavily in Footsie 100

• Focus on domestic revenues

• Be cautious due to falling oil prices

• Avoid Footsie 100 due to high oil prices

What percentage of the Footsie 100's revenue comes from outside the UK?

• 50%

• 60%

• 70%

• 80%