Measuring the Market Weight of Fed, Brexit Concerns

The video discusses the recent jobs report, suggesting it was a one-off event not corroborated by other data. The focus is on whether the economy can withstand a potential rate hike in July. The discussion shifts to Brexit, analyzing its potential long-term adverse effects on the UK economy, with forecasts indicating a possible recession. The video also covers global economic headwinds, including weaknesses in China and the US, and their impact on the UK, suggesting temporary slowdowns that may reverse later in the year.

What is the forecast for economic growth in Q2 as mentioned in the text?

What does the speaker suggest about the future of financial conditions in the UK?