We Are Neutral Equities, But Increased Gold, Cash Allocations, Says Cazenove’s Mui

The video discusses market volatility due to trade tensions, focusing on the S&P 500's reaction to Trump's headlines. Cazenove's strategy involves maintaining a neutral equity position and increasing gold and cash allocations to mitigate risks. The discussion shifts to the dollar's role in trade tensions, highlighting the challenges of US FX interventions and potential currency wars. A weaker dollar could benefit emerging markets, but active currency manipulation might harm investor confidence.

What are the main concerns regarding trade tensions and their impact on the market?

How is the Fed's policy affecting the equity positions according to the text?

What is the rationale behind increasing gold and cash allocations in portfolios?

What challenges does the US face in intervening in the dollar's value?

In what ways could a weaker dollar impact global growth according to the discussion?