There Is Still Some Value in U.K. Assets, Says Allianz's MacDonald

The video discusses the UK stock market's performance, highlighting the Footsie 100's outperformance relative to other European markets. It explores the impact of Brexit on UK assets, noting political risks and valuation concerns. The discussion shifts to the global perspective, emphasizing that the UK is a small part of the overall market. The video also covers the earnings season, focusing on trade concerns and their impact on corporate strategies and outlooks.

What is the significance of the UK in the global market as discussed in the text?

In what ways are companies adapting to trade frictions as mentioned in the text?