Surveillance: UK Market Selloff Slams Gilts, Pound
Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, remains cautious on risk and underweight stocks. Kallum Pickering, Berenberg Senior Economist, says it's hard to label UK market moves as panic. Jordan Rochester, Nomura G-10 FX Strategist, says the pound will continue its slide against the US dollar without intervention from the Bank of England and a shift in UK fiscal policy. Steven Wieting, Citi Global Wealth Chief Investment Strategist & Chief Economist, discusses the outlook for US corporate earnings, employment, and Federal Reserve policy. See omnystudio.com/listener for privacy information.