UBS's Yu on Brexit, U.K. Economy, House Prices

The video discusses the risks and implications of Brexit, focusing on political scenarios, the financial system, and the UK economy. It highlights the potential impact on the financial sector, city dynamics, and market reactions, particularly the currency market. The discussion also covers the UK housing market outlook, considering different scenarios post-Brexit.

What is one of the major risks associated with Brexit as discussed in the video?

• The Labour Party's support

• Theresa May's resignation

• The European Union's collapse

• A second referendum

How is the city of London expected to maintain its competitive advantage post-Brexit?

• By reducing immigration

• By focusing on Fintech and green investments

• By increasing taxes

• By cutting ties with the EU

What is the current response of UK assets to political developments?

• They are unaffected by international headlines

• They respond strongly to domestic politics

• They react to headlines from Berlin and Brussels

• They show no reaction to any political news

What is the potential impact on UK housing prices if a no-deal Brexit occurs?

• Prices will double

• Prices could drop by 35%

• Prices could rise by 35%

• Prices will remain stable

What is the suggested strategy for investors regarding UK assets in the current climate?

• Invest in European assets instead

• Invest heavily in UK assets

• Short UK assets

• Hold no exposure to UK assets