still with us is karen ward. questions about brexit, negative rates, and simply how the bank of england is modeling the recovery. where do you see value in u.k. assets? karen: i think, again, with the negative interest rates being left on the table and within the u.k. stock market, the financials are still going to suffer while that still lingers. energy is another big component. we note it seems until we are until full recovery, energy crisis being capped at around the $40 mark. i think that will continue to be an issue. and the question of sterling for the broader international large caps. i think they market is pricing in a deal and, therefore, that support -- somewhat supported as the dollar has been falling. if that turns out not to be the case, i expect sterling will go to the large caps. francine: thank you so much, karen ward, chief market strategist at j.p. morgan. joe biden ready for his keynote speech. ♪ experience the ultimate sports hub. where you can find games, news and highlights. all in one place