U.K. Pound Is Very Cheap, Says Gulf Investment’s Bertoni

The video discusses the potential impact of Brexit on the UK pound, highlighting the possibilities of a permanent customs union and a second referendum. It examines global economic surprise indices, noting the UK's outperformance. The discussion shifts to bond markets, comparing the attractiveness of US and UK bonds, and considers the implications of Brexit resolutions on monetary policy. The video concludes with insights into the potential for monetary policy normalization in the UK, given the economic resilience and inflation levels.

What are the two potential outcomes of Brexit discussed in the video?

• A hard Brexit and a soft Brexit

• A new election and a leadership change

• A no-deal Brexit and a new trade agreement

• A permanent customs union and a second referendum

Which country is mentioned as having the most attractive bond market?

• Japan

• Eurozone

• United States

• United Kingdom

What is the current state of the 10-year Treasury bond according to the video?

• Yielding over 2%

• Experiencing high volatility

• Trading around zero point 6 rail rates

• Trading in negative territory

What factor is mentioned as a reason for the Bank of England to consider normalizing monetary policy?

• Low consumer confidence

• A weak US dollar

• A strong euro

• High inflation compared to interest rates

How has the UK consumer been described in the context of economic performance?

• Highly pessimistic

• Quite resilient

• Indifferent to market changes

• Overly cautious