U.K. Valuations Are Incredibly Cheap, Says JPMorgan's Wilcox

The video discusses the impact of Brexit on market confidence, focusing on the challenges Theresa May faces in negotiations. It examines the correlation between sterling and Footsie performance, noting that while the UK market remains investable, uncertainties persist. The discussion highlights the need for increased certainty to identify genuine investment opportunities in the UK.

What was the market's reaction to Theresa May's confidence vote?

• It resolved all Brexit uncertainties.

• It led to immediate market growth.

• It was a short-term distraction.

• It provided long-term stability.

How has the correlation between sterling and Footsie performance affected the market?

• It has led to significant market volatility.

• It has kept markets relatively stable.

• It has caused a market crash.

• It has no impact on the market.

What is the current state of UK domestic company valuations?

• They are at extremely high levels.

• They are incredibly cheap.

• They are average compared to global standards.

• They are not affected by Brexit.

How has the Footsie 100 performed compared to other major benchmarks?

• It has outperformed all major benchmarks.

• It has underperformed all major benchmarks.

• It has performed equally with all major benchmarks.

• It has not been compared to other benchmarks.

What is needed to turn attractive UK valuations into investable opportunities?

• More government intervention.

• Higher interest rates.

• Increased market volatility.

• Increased certainty in the Brexit scenario.