How to Trade the Pound, Gilts, Amid Risk of a No-Deal Brexit

The video discusses the implications of Brexit, focusing on Boris Johnson's leadership and the potential challenges in reaching a U.S. trade deal. It examines market reactions, particularly the rise of the pound due to EU negotiations on the Irish border. The discussion also covers the economic impact of Brexit on UK assets and policies, with insights from financial experts on investment strategies in UK financials and credit markets. Additionally, the video explores the effects of low interest rates on the UK banking sector and commercial incentives.

What is Boris Johnson's stance on the U.S. trade deal post-Brexit?

• He anticipates tough and robust discussions.

• He expects it to be reached quickly.

• He thinks it will be canceled.

• He believes it will be easy to negotiate.

What is the main concern regarding the pound in the context of Brexit?

• It is not affected by Brexit discussions.

• It will remain stable regardless of Brexit outcomes.

• It is expected to strengthen significantly.

• It may face difficulties due to hard Brexit threats.

How does Carney plan to respond to economic headwinds caused by Brexit?

• By ignoring the economic headwinds.

• By implementing more monetary accommodation.

• By reducing government spending.

• By increasing interest rates.

What is the potential impact of low interest rates on UK banks?

• Banks will not be affected at all.

• Banks may face pressure on net interest margins.

• Banks will have to close branches.

• Banks will see increased profits.

What might be needed if interest rates get too low in the UK?

• Increased taxes.

• More government borrowing.

• Central bank intervention with tiering.

• Reduction in bank capital buffers.