Brexit Undecidedness is Enormous, Says Pitt-Watson

The pound’s decline is where investor uncertainty ahead of Britain’s European Union referendum is most pronounced, according to the Bank of England. Half of the drop in trade-weighted sterling since November is due to Brexit-related effects, the central bank estimated in its Inflation Report on Thursday. The BOE also warned that a vote to leave the EU on June 23 would likely mean a further decline, “perhaps sharply.” London Business School Executive Fellow David Pitt-Watson analyses Brexit impacts with Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)

Full Show: Surveillance (08/16)
55:26 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Anna Edwards. Guests include Cees 'T Hart, chief executive officer at Carlsberg Group, Greg Valliere, chief global strategist at Horizon Investments, and Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey. (Source: Bloomberg)
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