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The Impact Of Liz Truss Resigning (Podcast)

Bloomberg Intelligence

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What's a Pound Anyway?

I think that we've kind of broken the seal on sterling, right? We've now got people in markets thinking about parity. But then the question is, well, what exactly is a pound anyway and what's it worth? What are the fundamentals? I think that we're going to be okay. The democratic process has got rid of someone that clearly wasn't up to the job quite quickly. So I would say I'm medium-long UK. You can't do that in Russia. You can’t do that in China as we just saw.

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