Algebris' Gallo on Brexit, U.K. Inflation

The transcript discusses the challenges posed by Brexit, including potential political instability and economic implications. It highlights the market's unpreparedness for a hard Brexit and the possible rise of a Labour government, which could lead to higher public debt and inflation. The decline in sterling and its impact on inflation is also examined, along with the role of political changes in driving inflation. The discussion emphasizes the need for markets to consider political risks and the potential for significant economic shifts.

What are the potential consequences of a hard Brexit on the UK economy?

What challenges does Theresa May face in maintaining party unity?

How might a change in government affect inflation rates in the UK?

Discuss the relationship between inequality and inflation as mentioned in the text.

In what ways could a labor government influence public debt and nationalizations?