Credit Suisse's Sweeney: 1 in 4 Chance of Brexit

The video discusses the differing opinions on Brexit's potential impact, with some considering it a significant concern and others downplaying its effects. Phil Tetlock's forecast suggests a 1 in 4 chance of Brexit, prompting the Federal Reserve to adopt a cautious approach. The discussion shifts to market distortions caused by low yields and their implications for the global economy. The video highlights how low policy rates are affecting markets, pushing asset prices up, and creating future risks, emphasizing the two-way causality between policy and market behavior.

What are the differing opinions regarding the discussion of Brexit mentioned in the text?

According to Phil Tetlock, what is the probability of Brexit occurring?

What historical patterns does the speaker observe in the current economic situation?

What does the text suggest about the relationship between low policy rates and asset prices?

How does the text describe the potential future risks associated with current market conditions?