U.K. Is 'Ready to Bounce,' Allianz GI's Dwane Says

The transcript discusses the economic uncertainty in the UK, focusing on Sterling's weakness and the underperformance of the Footsie. It explores the impact of Brexit on markets, highlighting potential outcomes and the role of political chaos. The discussion includes investment opportunities and market certainty post-Brexit, with a critique of Mark Carney's economic outlook. Finally, it examines the dynamics between currency movements and equities, emphasizing the influence of political pressure on the pound and the attractiveness of international companies.

What has been the trend of the Footsie in comparison to Europe and the US in recent years?

• It has outperformed both Europe and the US.

• It has shown similar performance to Europe and the US.

• It has remained stable while Europe and the US fluctuated.

• It has underperformed compared to both Europe and the US.

What is the speaker's view on the likelihood of a hard Brexit?

• The speaker believes a soft Brexit is more likely.

• The speaker is unsure about the possibility of a hard Brexit.

• The speaker thinks a hard Brexit is inevitable.

• The speaker believes a hard Brexit is unlikely.

How does the speaker perceive the Bank of England's potential actions regarding interest rates?

• The speaker expects the Bank of England to maintain current rates.

• The speaker doubts the Bank of England will crash the economy by raising rates.

• The speaker thinks the Bank of England will raise rates to 5%.

• The speaker believes the Bank of England will significantly lower rates.

What is the relationship between the pound and UK equities according to the speaker?

• A weaker pound always leads to higher UK equities.

• The pound has no impact on UK equities.

• The relationship is not as strong as it was post-referendum.

• A stronger pound results in lower UK equities.

What factor does the speaker believe makes Royal Dutch Shell more attractive?

• The political pressure on sterling.

• The stability of the UK economy.

• The performance of the Footsie.

• The strength of the pound.