No-Deal Brexit Is Not Priced In to U.K., European Assets, RBC Says

The transcript discusses Boris Johnson's potential as the next UK Prime Minister, his support within the Conservative Party, and the challenges he may face in Brexit negotiations. It highlights the divided state of the UK Parliament and the potential for a no-deal Brexit. The discussion also covers the implications of Brexit on UK and European markets, including the potential impact on currency and equities.

What is one of the main challenges Boris Johnson might face if he becomes Prime Minister?

• Reducing taxes

• Securing support from the Labour Party

• Renegotiating with the EU

• Winning a general election

What is a potential outcome if Boris Johnson pushes for a no-deal Brexit?

• Increased support from all MPs

• A vote of no confidence

• Immediate economic growth

• A new trade deal with the EU

How is the UK Parliament described in terms of its stance on Brexit?

• Opposed to any form of Brexit

• Supportive of a no-deal Brexit

• Divided and uncertain

• United and decisive

What is the current market perception of UK assets in light of Brexit?

• Highly overvalued

• Fairly valued with no risks

• Completely unattractive

• Undemanding with potential value

What economic effect might a no-deal Brexit have on the pound?

• Strengthen significantly

• Remain stable

• Decrease to post-referendum lows

• Increase to new highs