Could Brexit Tip Europe Over the Edge this June?
Mark Carney is limbering up for another encounter with members of Parliament’s Treasury Committee after a fiery exchange with pro-Brexit lawmaker Jacob Rees-Mogg in March over the U.K.’s referendum on European Union membership. A key question is how much of the U.K.’s recent slowdown can be attributed to uncertainty surrounding the June 23 referendum and how much would be occurring anyway. The BOE cut its own economic projections this month and the U.K. Treasury’s compilation of independent forecasts shows others have also become more pessimistic. JPMorgan AM Global Market Strategist David Stubbs discusses the upcoming vote and possible impacts on the euro and sterling with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."
Most Recent Videos
Full Show: Surveillance (08/17)
36:56 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Steven Major, global head of fixed income at HSBC, Stan Collender, executive vice president at Qorvis MSLGROUP, and Brian Levitt, senior investment strategist at OppenheimerFunds. (Source: Bloomberg)