This Investor Has a Contrarian Call on Brexit and the Pound

The video discusses the investment perspective on Sterling amid Brexit uncertainties, noting a shift in the perceived risk of a hard Brexit. It highlights Sterling's market behavior around the Brexit deadline, suggesting a potential floor for the currency. The video also explores the US mortgage market, examining how lower mortgage rates, influenced by political strategies, act as a tax cut and impact consumer spending.

What was the initial view of the investment committee regarding the likelihood of a hard Brexit?

• It was not considered at all.

• It was a 50/50 chance.

• It was certain to happen.

• It was unlikely to happen.

What does the investment committee consider as the best indicator of Brexit outcomes?

• The US Dollar

• The Euro

• Sterling

• The Stock Market

What contrarian trade strategy is being considered by the investment committee?

• Investing in US stocks

• Going long on Sterling versus the Euro

• Buying gold

• Shorting Sterling against the Euro

How does the Trump administration aim to provide tax cuts to the American consumer?

• By cutting government spending

• By reducing mortgage servicing costs

• By increasing manufacturing jobs

• By raising interest rates

What has been the trend in US 30-year mortgage rates over the past 12 months?

• They have increased from 4% to 5%

• They have remained stable at 5%

• They have decreased from 5% to 4%

• They have increased from 3% to 4%