What Will Be the Ongoing Impact of Brexit in U.K.?

The transcript discusses the impact of the Brexit vote on the UK and global markets, initially predicting no immediate distress similar to the Lehman moment. It highlights market reactions, particularly in the UK real estate sector, and the potential for distress in commercial real estate. The discussion also covers the differences between the Footsie 100 and 250 indices, with a focus on domestic market concerns. The impact of real estate on the UK banking sector is analyzed, noting the Bank of England's support. Finally, the transcript addresses currency strategies related to the pound and market normalization.

What were the initial expectations regarding the impact of the Brexit vote on the UK economy?

How did the markets react immediately after the Brexit vote according to the discussion?

What concerns were raised regarding UK commercial real estate following the Brexit vote?

What is the significance of the Footsie 250 in relation to the Brexit vote?

What potential impacts could a decline in UK real estate prices have on the banking sector?