Armstrong: Expect a Market Overreaction to Election

The transcript discusses potential outcomes of the US election, comparing it to Brexit in terms of market reactions. It explores the implications of a Trump presidency, including tax cuts and infrastructure plans. The conversation shifts to Sterling's performance amid Brexit uncertainties, highlighting economic challenges like the current account deficit. Legal and political dynamics of Brexit are examined, with a focus on court rulings and government direction. Finally, the economic impact of a hard Brexit is debated, emphasizing its negative effects on the UK economy.

What are the implications of the High Court ruling mentioned in the text?

What is the speaker's view on the economic impact of a hard Brexit?