Default in Puerto Rico & impact of Brexit on US election
Turkey was hit by another devastating terrorist attack at a time when the number of foreign visitors to the country was already down 23 percent in the first 5 months of the year. In other news, JPMorgan Chase thinks Scottish Independence is its base case scenario. Ameera David has the details. Then, markets have rallied after a few days of post-Brexit volatility. 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 recent analysis from the IMF that shows just how big 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 Puerto Rico’s coming default. And in the Big Deal, Ameera and Edward Harrison discuss how Brexit has entered the political discourse of the US presidential election.
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