BREXIT and Beyond: How UK can upset the global economy

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Brexit and Beyond

How UK Can Upset the Global Economy

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Problems and Solutions

US, UK & Michigan Economic Situation

BREXIT: vote, outcome, adventure

2016 Elections

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2.9%0.5%0.7%

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"We are not only each other's largest investors in each of our countries, one to the other, but the fact is that every day almost

one million people go to work in America for British companies that are in the United

States, just as more than one million people go to work here in Great Britain for American

companies that are here. So we are enormously tied together, obviously. And we are committed to making both the U.S.-UK

and the U.S.-EU relationships even stronger drivers of our prosperity."US Secretary of State

John Kerry

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-1.5MM

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+0.2%+0.6%

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$11T<0%Quiz Time!

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Productivity=Growth

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“There are limits to what monetary policy can and, indeed, should, do. The burden must also fall on fiscal and other policies to do their part to help

create conditions conducive to economic stability.”

SF Fed President John Williams

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US, UK, MI emoji summary

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Biggest breakup since?

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GBPUSD 20%

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“The UK would not be a big enough market to be a priority for us in that case[Brexit]. As a drugs market it is more important for us to launch in

France, Germany and Sweden than in the UK because they adopt and pay for the drugs... The UK is a challenge now

but without the EU [it] will get left behind…”

AstraZeneca’s Mene Pangalos

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AbbotAbbVie

Baxter InternationalBeam Suntory

CaterpillarCDW

CF IndustriesMondelez International

NavigantNorthern Trust

TennecoW.W. Grainger

Walgreens Boots Alliance

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'I think, as I was saying to you a little earlier, that one of the issues is that a lot of people will invest

here in the UK because it is the UK in Europe.If we were not in Europe, I think there would be firms and companies who would be looking to

say, do they need to develop a mainland Europe presence rather than a UK presence? So I think

there are definite benefits for us in economic terms.'

PM Theresa May1mth b4 vote

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PM Theresa May4mths after vote

"There will be no unnecessary delays in invoking Article 50. We will invoke it when we are ready. And we will be ready soon. We will invoke Article 50 no

later than the end of March next year. It is not up to the House of Commons to invoke Article 50, and it is

not up to the House of Lords. It is up to the government to trigger Article 50 and the government

alone.”

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Brexit emoji summary

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Policy solutions for growth

Free Trade=lower tariffs

Reg. Relief=reduced costs

Tax reform=capital formation w/incentives

Infrastructure=efficiency

Energy Production

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2016 RecapClinton:

biz tax hikes build on regscap gains taxno free trade

big alternativesbig infra

create pathway enhance D-F

Trump: biz tax cutsreduce regs

full expensingno free trade

big hydro carbon big infra

build a wallend D-F

DJT HRC

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What is the hope?

Trump is a “businessman”

Clinton is a “compromiser”

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New Key Election Developments

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Policy solution emoji summary

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Brexit takeaways

Currency biggest loser

2016=trade

Fed is done

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Final Thoughts…

BREXIT and Beyond: How UK can upset the global economy

News & Politics

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