How U.S. Politics Affect the Global Economy

The transcript discusses the implications of Brexit and the 2016 US elections, focusing on weak institutions like the UK government and the Republican Party. It examines market reactions to Brexit, highlighting hedging strategies and volatility. The accuracy of polling and its impact on election predictions are analyzed, with a focus on the generational divide in sentiment, where older voters are more pessimistic due to past economic conditions, while younger voters are more optimistic about the future.

What factors contribute to the perception of weak institutions in both the UK government and the Republican Party?

Discuss the implications of market behavior in response to political events, as mentioned in the text.