UBS Global WM's Zuercher on Markets, Strategy

The video discusses the implications of rising JGB yields and the BoJ's stance on yield curve control. It explores currency strategies, highlighting the strong US dollar and its impact on portfolios. The 6040 portfolio's relevance is analyzed, with a focus on fixed income and equity markets. China's economic challenges, including COVID and property issues, are examined. The potential for a currency crisis in Europe and the stability of emerging markets are also discussed.

What is the current stance of the Bank of Japan regarding yield curve control?

• They plan to abandon it soon.

• They are undecided about it.

• They have already removed it.

• They will maintain it for now.

Which currency is considered the most preferred according to the portfolio strategy discussed?

• British Pound

• Euro

• US Dollar

• Japanese Yen

What is the expected timeline for the US dollar to reach its peak?

• In the next decade

• In the next five years

• It has already peaked

• By the end of the year or early next year

What is the current outlook for the 60/40 portfolio strategy?

• It is only suitable for bonds.

• It is only suitable for equities.

• It might become useful again.

• It is no longer relevant.

What is a major factor affecting China's economic rebound?

• Technological advancements

• Tourism decline

• COVID-19 policies

• Trade policies

What is the expected performance of the yuan against the US dollar by year-end?

• It will surpass the US dollar.

• It will remain stable.

• It will weaken to 7.2 to 7.20.

• It will strengthen significantly.

Which regions are currently experiencing trade deficits, potentially leading to a currency crisis?

• Asia and Africa

• North America and South America

• Europe and the UK

• Australia and New Zealand