Selling Pound Is Risky as Brexit Decision Nears, Says Carmignac Gestion

The video discusses the impact of Brexit on the gilt curve and market pricing, highlighting increased political risk and lower growth expectations. It analyzes the pound's valuation, noting potential risks and opportunities amid Brexit negotiations. The UK economy's outlook is examined, with a focus on investment strategies, particularly in companies with global revenues.

What does the narrowing of the gilt curve amid Brexit indicate about market expectations?

• Decreased political risk

• Increased likelihood of a no-deal Brexit

• Higher growth expectations

• Increased equity investments

How has the British pound's value changed since the Brexit vote?

• It has only decreased

• It has fluctuated between highs and lows

• It has only increased

• It has remained stable

What is a potential risk of hedging sterling assets during Brexit negotiations?

• Increased pound strength

• Potential pound weakness

• Decreased US dollar value

• Stable euro value

What is the Bank of England's assessment of UK growth even with a Brexit deal?

• Slightly increased

• Unchanged

• Lowest in a decade

• Highest in a decade

Which type of UK companies are preferred for investment amid Brexit uncertainties?

• Small local businesses

• Companies with global revenue streams

• New startups

• Domestic-focused companies