Pimco's Clarida: Passporting the Lynchpin to Brexit Talks

The transcript discusses the market's reaction to Brexit, highlighting the role of Article 50 and the quick resolution of the UK's political situation. It explores the importance of passporting in negotiations, the impact of currency adjustments, and the challenges faced by central banks like the ECB and BOJ. The discussion also touches on the emotional and financial challenges Brexit poses for European hydrocarbon executives, noting significant cost deflation in the industry.

How does the Norway model relate to the UK's potential post-Brexit arrangements?

What challenges do central banks face in relation to Brexit and its economic implications?