Barclays Investment Is 'Very Underweight' Gilts, Hobbs Says

The video discusses the UK equity market, highlighting its defensive nature and attractive valuation for long-term investors. It also covers the inflation markets, noting the trend of shorting UK inflation due to a strong pound. The discussion extends to gilts, emphasizing the high price of safety in the current economic cycle. The video concludes with an analysis of global economic factors, including Brexit and the potential recoupling of the UK with global markets.

In what ways might the UK economy's medium-term outlook differ from the current perceptions in the gilt market?

What role does global economic uncertainty play in the UK market's performance?