UBS Wealth Management Turns Bearish on Equities

The video discusses the ongoing trade tensions and their impact on economic data, particularly in manufacturing. It highlights the potential risks of new tariffs affecting the consumer economy and suggests investment strategies such as underweighting equities in favor of bonds and corporate credit. The discussion also covers opportunities in emerging market bonds and currencies. The video concludes with strategies for managing risks and opportunities in a volatile trade policy environment.

What is one of the main economic indicators showing the impact of trade tensions?

• Consumer spending data

• Manufacturing data

• Tourism data

• Real estate data

Which investment strategy is considered to have a better risk-reward in the near term?

• Overweight in equities

• Investing in real estate

• Carry strategies

• Investing in technology stocks

What type of bonds are suggested for U.S. investors to consider?

• High-yield junk bonds

• U.S. dollar-denominated emerging market sovereign bonds

• Corporate bonds

• Municipal bonds

What is a challenge mentioned in relation to trade policies?

• They can change rapidly

• They are too predictable

• They are irrelevant to investors

• They have no impact on the economy

What is the U.S. aiming to adjust according to the discussion?

• Interest rates

• Trade balances

• Tax policies

• Environmental regulations