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 the significance of the President's comments on the stock market and trade tensions?

How does the text suggest the economic data will respond to ongoing trade issues?