Sterling Fall Helped Buffer Brexit Bump, Says Wilson

The video discusses the performance of various markets, highlighting the decline in UK assets due to currency fluctuations and Brexit. It explores the shift from monetary to fiscal policy in the UK, emphasizing the need for fiscal stimulus to support the economy. The impact of inflation on consumer spending and real wages is analyzed, along with the performance of UK gilts and expectations for fiscal policy.

What has been the impact of the falling pound on UK assets?

• It has increased the value of UK assets.

• It has softened the blow of Brexit.

• It has caused a decrease in foreign investments.

• It has led to a rise in interest rates.

Why is there a shift from monetary to fiscal policy in the UK?

• Monetary policy is no longer effective.

• Fiscal policy is faster to implement.

• The UK consumer is struggling.

• Interest rates are too high.

What is a challenge associated with implementing fiscal policy?

• It is too costly.

• It requires high interest rates.

• It leads to immediate inflation.

• It takes time to show effects.

How is rising inflation expected to affect real wages?

• Real wages will not be affected.

• Real wages will decrease.

• Real wages will remain stable.

• Real wages will increase.

What is the expected impact of fiscal policies on UK gilts?

• Yields are expected to increase slightly.

• Yields are expected to remain unchanged.

• Yields are expected to decrease significantly.

• Yields are expected to increase dramatically.