beingne: if the pound is replicated?ou look at the position of investors, it is very obvious. the risk, that is what i see, it would probably give three to five months to the uk. we probably feel that the positions of the u.k. and the u .s. are a little the close. over the next three months, investment will probably wait and the economy will be under pressure, but then i think inflation will become important and the pound can actually rebound. i think the next three months will be under pressure. francine: they start talks on the 29th, but most of the negotiations are back in october? >> the week of the negotiations august.n the eu really wants to get the government sorted before the eu leaders will say that enough progress has been made. october is important because that is the next time the eu leaders all meat and together 27,l decide, actually, eu they decide if enough progress has been made. there are headlines that the u.k. government does not want, there'll be no talk about trade until 2018. the clock is ticking. f