'Sterling Is Extraordinarily Cheap,' Says Sarasin's Monson

The video discusses the ongoing Brexit situation, focusing on the roles of Europe and Jeremy Corbyn as key players. It highlights the potential impact on the UK economy, particularly the sterling, and the investment opportunities in UK assets. Despite uncertainties, the video suggests that the UK economy remains robust, with strong unemployment data and a resilient banking system. The potential for foreign investment in UK assets is also explored, emphasizing the attractiveness of the Footsie 100.

Who are the two key players in the Brexit debate according to the transcript?

• Europe and Jeremy Corbyn

• Theresa May and Boris Johnson

• The UK Parliament and the European Central Bank

• The British public and the European Union

What is the current state of the UK's banking system as per the stress tests?

• In need of reform

• Enormously robust

• Moderately stable

• Weak and vulnerable

How does the transcript describe the unemployment rate in the UK?

• Unpredictable

• Rising steadily

• Effectively close to 0

• High compared to Europe

What is the potential impact of a weak sterling on UK businesses?

• It causes inflation

• It leads to higher unemployment

• It outweighs the negative effects of Brexit

• It increases regulatory uncertainty

What percentage of UK earnings from the FTSE 100 come from international sources?

• 50%

• 60%

• 80%

• 71%