Boom Bust: Raoul Pal on Brexit impact, Default in Puerto Rico
As Turkey is hit by another devastating terrorist attack, the number of foreign visitors to the country is already down 23% in first 5 months of the year. And in other news, JPMorgan Chase is making Scottish Independence its base case scenario. Ameera David has details. Then, after a few days of post-Brexit volatility, markets have rallied. And Ameera talks to Real Vision founder Raoul Pal about what to expect next in global investing.
After the break, Boom Bust’s Bianca Facchinei reports on a recent analysis from the IMF which shows how big of a threat income inequality is to economic growth. Afterwards, Ameera talks to Chris Versace, the Chief Investment Officer at Tematica Research and Co-Author of “Cocktail Investing” about the coming default in Puerto Rico. And in the Big Deal, Ameera and Edward Harrison discuss how Brexit has entered the political discourse in the US presidential election.