Brexit: Market Turmoil and Banking System Concerns

The transcript discusses the performance of hedge funds, market reactions post-Brexit, and the European financial crises. It highlights the inefficiencies in EU decision-making and the potential risks in the banking sector. The speaker provides insights into fixed income markets and emphasizes the need for fiscal integration and central banking authority in the euro area.

What is the speaker's view on the banking sector's stability following the Brexit vote?

What recommendations does the speaker make regarding the central banking authority in the euro area?