Have Markets Really Priced in a Brexit?

The transcript discusses the rising global risks and the uncertainty surrounding Brexit. It highlights market expectations, public opinion, and betting markets, suggesting a low probability of Brexit but acknowledging significant risks. The discussion covers financial market reactions, particularly in currency and bond markets, and the potential economic implications for the UK and Europe. The transcript concludes with the possible impact on European growth and policy responses.

How does the current account deficit relate to the potential Brexit outcome?

What impact could Brexit have on the British economy according to the text?

What does the text suggest about the European growth story in relation to Brexit?