Slok: Difficult for Markets to Quantify Brexit Risk

The transcript discusses various trade models, including Norwegian, Swiss, and Turkish, and their implications for the UK. It highlights the importance of political leadership in shaping trade negotiations and examines market reactions to political changes, emphasizing that the current situation is not a financial crisis but poses challenges for market assessment.

What implications does the political crisis have on market behavior according to the text?

Why is it difficult for markets to assess the risks mentioned in the text?