Rabobank's Foley Says Pound Base Case Is a Brexit Delay

The video discusses the potential delay of Brexit beyond October 31st and the likelihood of a general election. It explores how political changes, such as a possible coalition led by Jeremy Corbyn, could impact Sterling and investor sentiment. The discussion also compares the risks of a hard Brexit with those of a Corbyn-led government, highlighting investor concerns and preferences.

What is the Labour Party's main concern regarding a potential general election?

• Gaining support from the Scottish and Welsh parties

• Delaying Brexit beyond October 31st

• Ensuring Boris Johnson does not return with a majority

• Forming a coalition with the Liberal Democrats

Why are investors wary of Jeremy Corbyn's policies?

• He opposes forming coalitions with other parties

• He is in favor of right-wing government policies

• He plans to re-nationalize certain industries

• He supports a hard Brexit

Which political scenario might lead investors to feel more comfortable with Jeremy Corbyn's leadership?

• A majority Labour government

• A coalition with centrist remain parties

• A partnership with right-wing parties

• A hard Brexit under Boris Johnson

What is considered the biggest risk to investors at the moment?

• A majority Labour government

• A hard Brexit with Prime Minister Johnson

• A coalition government led by Jeremy Corbyn

• A delay in the general election

What is the likelihood of a pure Labour government led by Jeremy Corbyn?

• Very likely

• Quite distant

• Already confirmed

• Dependent on Brexit outcomes