Moynihan Says Bank of America Has to Prepare for Worst Amid Brexit Talks

The transcript discusses the ongoing uncertainty surrounding Brexit and its impact on businesses and the European economy. Despite preparations, the lack of clear rules poses challenges. The conversation also touches on the broader economic headwinds in Europe, including issues in Italy and France, and the influence of oil prices. The need for strategic risk management and the difficulties of operating in a low-growth environment are highlighted.

What demographic issues are mentioned as affecting the economy?

How does the speaker perceive the relationship between economic growth and political processes?