Why UBS Global Wealth Turned Bearish on Stocks

The video discusses the impact of US-China trade tensions on market uncertainty and investment strategies. It highlights the short-term market outlook, valuation arguments, and potential economic impacts of escalating tariffs. The discussion also covers the US economy's resilience and the strategic shift towards emerging markets and US equities.

What is the main reason for reducing allocation to equities according to the speaker?

• Increase in trade tensions and policy uncertainty

• Low consumer spending

• Strong US dollar

• High inflation rates

Why might bonds outperform equities in the short term?

• As a result of increased government spending

• Owing to a rise in consumer confidence

• Because of a potential escalation in trade tensions

• Due to a decrease in interest rates

What is the speaker's outlook on the bull market?

• It is expected to end soon

• It will continue despite current risks

• It will decline rapidly

• It is uncertain and unpredictable

What could be the consequence of escalating tariffs between the US and China?

• A decrease in global oil prices

• A stronger US dollar

• A 50% chance of recession next year

• An increase in US exports

Which markets are being dialed back according to the speaker?

• European markets

• Emerging markets

• Domestic technology sector

• Real estate markets