McCormack Says Fitch Downgraded U.K. on Brexit Referendum

The video discusses the economic outlook for the UK post-Brexit, highlighting concerns about trade negotiations and Scotland's future. It covers European elections and their impact on economic growth, with a focus on the EU and eurozone. The discussion shifts to China's economic stabilization, debt issues, and potential credit risks, emphasizing the role of wealth management products and regulatory responses. Finally, the US economic outlook is examined in light of political changes and tax policies.

What is the current ratings outlook for the UK post-Brexit?

• Stable

• Positive

• Negative

• Neutral

Which upcoming election is mentioned as still to play for in Europe?

• Dutch

• French

• Spanish

• Portuguese

What is a major concern regarding China's economic stabilization?

• Falling GDP

• Decreasing exports

• Increasing corporate debt

• Rising unemployment

What percentage of GDP do wealth management products represent in China?

• 50%

• 40%

• 20%

• 30%

What is the potential risk associated with wealth management products in China?

• Deflation

• Contagion

• Stagnation

• Inflation

What is the expected trend for corporate defaults in China?

• Decrease

• Remain stable

• Increase

• Eliminate

What is a significant concern for the US economic outlook?

• Interest rates

• Border adjustment tax

• Unemployment

• Inflation