Pound Is 'Very Attractive' in Long Term, State Street's Farley Says

The video discusses the ongoing uncertainty in the Brexit process, highlighting the political divisions and challenges, particularly the Irish backstop. It examines market reactions, focusing on the pound's performance and investor sentiment. The analysis suggests that while the pound may face short-term pressure, it is undervalued in the long term. The video also explores the UK equity market, noting the differences between large and small caps and the impact of the weaker pound on multinationals.

What factors are creating interesting value in small cap equities?

What is the outlook for large cap stocks in relation to the weaker pound?