HSBC's Maher Shorts Sterling

Bloomberg Surveillance

Daragh Maher, HSBC's U.S. head of FX strategy, says he sees the pound at $1.20 in the short term and $1.10 by year's end. Prior to that, Brian Belski, the chief investment strategist at BMO Capital Markets, says bet on big banks because of deregulation. Admiral James Stavridis, dean of the Fletcher School at Tufts University, says the U.S. should conduct serious vetting of refugees but not slam the door arbitrarily. Finally, David Bier, an immigration policy analyst at the Cato Institute, says it's illegal for the president to override the 1965 Immigration Act.

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