CLEAN : US analyst: Leave Brexit vote would cause Wall St. cascade

The transcript discusses the potential market cascade effect with sophisticated investors exiting first, followed by retail investors. It highlights the volatility of Sterling due to Brexit polls and anticipates capital movement if a leave vote occurs. The impact on U.S. banks operating in London is examined, with potential relocations to Paris or Dublin. The U.S. economy's fragility is noted, with recession indicators flashing warnings, suggesting a period of elevated fear even if the situation stabilizes.

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