Hard Brexit Is Main Worry for Allianz’s Utermann

The video discusses the economic implications of Brexit on the UK and eurozone, highlighting concerns about a hard Brexit due to irrational negotiation tactics. It also examines the impact on investment strategies and business operations, noting increased caution in financial markets.

What is the relationship between Brexit and the euro area economy as discussed in the video?

• Brexit and the euro area economy are interconnected.

• The euro area economy influences Brexit decisions.

• Brexit has no impact on the euro area economy.

• They are completely independent of each other.

Why does the speaker believe a hard Brexit is possible?

• Because all parties agree on it.

• Due to irrational moves by some discussion players.

• Because it is the only logical outcome.

• Due to strong economic benefits.

How has the business prepared for the post-Brexit regulatory landscape?

• By relying on reassurances from regulators.

• By predicting every regulatory change.

• By reducing headcount in the UK.

• By moving operations out of the UK.

What is the approach of portfolio managers towards sterling and UK equities?

• They are very optimistic.

• They are indifferent.

• They are very cautious.

• They are selling all UK equities.

What factors contribute to the cautious approach in investment strategies?

• High inflation rates.

• Trade stresses and global economic slowdown.

• Only Brexit.

• Increased consumer spending.