We Have Seen the Top in Global Risk Assets, Says Taurus Wealth Advisors’s Preiss

The transcript discusses the complexities and implications of Brexit, focusing on the political and economic challenges it presents. It highlights the binary nature of market reactions, the potential for a global economic slowdown, and the long-term industrial and economic policies needed for the UK. The discussion also touches on market positioning in the context of global financial trends and the impact of quantitative easing.

What is the main challenge highlighted in the Brexit negotiations?

• The support from the European Union

• The lack of public interest

• The complexity and varied political views

• The economic benefits of Brexit

How is the British pound expected to behave according to the traders and investors?

• It will remain stable

• It will decrease by 5%

• It will increase by 20%

• It may fluctuate within a 10% range

What is a significant concern for the UK post-Brexit in terms of economic policy?

• Short-term currency fluctuations

• Long-term industrial and economic policy

• Immediate trade agreements

• Tourism industry impact

What assumption is made about the market's response to a potential Brexit delay or softer Brexit?

• It will lead to a market crash

• It will cause immediate economic growth

• It will provide fiscal latitude and rejuvenation

• It will have no impact

What is the potential outlook for global risk assets according to the discussion?

• They will continue to rise indefinitely

• They have reached a cycle top and may face downside

• They will remain unaffected by Brexit

• They will experience a minor correction