What Does the FTSE 100 Say About Brexit Britain?
The FTSE 100 Index’s bull run is headed for a reality check, according to HSBC Holdings Plc. Equity strategists at the U.K. bank predict Britain’s benchmark will end the year down about 7 percent, reversing the current gain. They’re the most bearish out of seven prognosticators surveyed by Bloomberg, who on average forecast the index will eke out an advance of 0.6 percent in 2016 to 6,281. HSBC Senior Economic Adviser Stephen King discusses markets and central banks with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.