Union Bancaire Privee Is 'Overweight' Bonds, 'Underweight' Stocks

The video discusses a defensive investment strategy for the current year, focusing on overweighting bonds and underweighting equities. It highlights recent changes in asset allocation, including profit-taking in energy and underweighting in Europe and the US. The discussion covers market risks, potential trade deals, and the Fed's monetary policy, with an emphasis on interest rates and yields. The equities outlook is influenced by earnings forecasts and political factors, particularly trade negotiations and tariffs.

What is the current investment strategy regarding bonds and equities?

• Equal weight in both bonds and equities

• Overweight in equities and underweight in bonds

• Underweight in both bonds and equities

• Overweight in bonds and underweight in equities

What recent change was made to the energy sector position?

• Moved to underweight in energy

• Sold all energy holdings

• Increased investment in energy

• Took some profits from energy

What is the potential risk if the Fed remains hawkish?

• A rise in equity prices

• An inversion of the yield curve

• A decrease in inflation

• A decrease in bond yields

How might the upcoming earnings season affect market forecasts?

• Forecasts will be doubled

• Forecasts will be eliminated

• Forecasts might be adjusted

• Forecasts will remain unchanged

What is one of the main drivers of market performance according to the third section?

• Natural disasters

• Consumer spending

• Political developments

• Technological advancements