Why Morgan Creek CEO Mark Yusko Likes 'BUGS'

The video discusses various market trends, focusing on bonds, consumer discretionary stocks, and the impact of e-commerce on retail. It analyzes the performance of cyclical versus defensive stocks, particularly in the context of Brexit and commodity markets. The challenges faced by the banking sector, especially European banks like Deutsche Bank and Credit Suisse, are highlighted. The video concludes with investment strategies, emphasizing the importance of timing in buying equity and debt.

What does the speaker suggest about the potential for European banks?

What strategy does the speaker recommend for investing in equities?