Pound 'Modest Rise' Seen After Clarity on Brexit, JPMorgan Asset Says

The transcript discusses the Brexit scenarios, focusing on the UK's options for a soft or hard Brexit and the potential outcomes of negotiations with the EU. It highlights the volatility of the sterling and its future predictions amid Brexit uncertainties. Additionally, the transcript covers US earnings, indicating bullish sentiment despite ongoing trade tensions with China, and emphasizes the need for investors to manage higher volatility.

What is the main choice left for euro skeptics who want a decisive split from the EU?

• Support the final withdrawal agreement

• Vote down the final withdrawal agreement

• Negotiate a new agreement

• Seek a second referendum

What is the expected short-term behavior of the British pound according to the analysis?

• It will significantly fall

• It will significantly rise

• It will become highly volatile

• It will hold relatively steady

What might support inflation and lead to further Bank of England rate increases?

• Greater clarity in Brexit negotiations

• A no-deal Brexit

• A hard Brexit

• A new trade agreement with the EU

What is the sentiment towards US earnings despite trade tensions?

• Bearish

• Bullish

• Neutral

• Pessimistic

What challenge do US equity earnings face according to the analysis?

• Lack of fundamental support

• Escalating trade rhetoric

• Declining US economy

• Increased competition from Europe