HSBC's Bloom Says U.S. Dollar Is Place to Be, Don't Mess Around With Sterling

The video discusses the impact of political uncertainty, particularly Brexit, on the market and currency values. It highlights the challenges in predicting market outcomes and offers investment strategies, emphasizing the dollar as a stable option amid uncertainty.

What is the potential impact on Sterling if the UK leaves the EU without a deal?

• Sterling will rise to 120

• Sterling will fall to 110

• Sterling will rise to 1:45

• Sterling will remain stable

Why is it challenging for analysts to predict the outcome of Brexit?

• Because the political situation is highly uncertain

• Because there is a clear outcome

• Because the market is stable

• Because Sterling is not affected by politics

What is the suggested currency to invest in during political uncertainty?

• Euro

• Sterling

• Japanese Yen

• US Dollar

What is the main reason the US dollar is considered attractive?

• It is not affected by global politics

• It offers the highest yield in the G10

• It is the most stable currency

• It has the lowest yield

What is the reaction of the market when there is uncertainty?

• Investors sell the dollar

• Investors sell all currencies

• Investors buy the dollar

• Investors buy Sterling