Citi's Sacks Sees 40% Growth in U.K. Stock Earnings

The video discusses the economic recovery in the eurozone, with a focus on achieving herd immunity and growth forecasts. It examines the impact of Brexit on the UK economy, highlighting trade declines and the potential for recovery in the services sector. The discussion also covers transatlantic economic pressures, including the EU recovery fund and US infrastructure investments. Finally, it addresses currency risks for investors, particularly concerning the euro and sterling.

What is the expected growth rate for Europe in the upcoming year according to the transcript?

• 4%

• 8%

• 6%

• 2%

What percentage of the UK's output is contributed by the services sector?

• 50%

• 60%

• 80%

• 70%

What was the decline in imports from the EU to the UK in January?

• 20%

• 30%

• 50%

• 40%

How much is the EU recovery fund worth?

• €500 billion

• €750 billion

• €1 trillion

• €1.5 trillion

What is the estimated undervaluation percentage of sterling?

• 10%

• 15%

• 20%

• 25%