40 Basis Point Bond Move Lower 'Is No Joke,' Says UBS' Brown

The video discusses the implications of the new yield structure on banks and the bond market. It highlights the significance of a 40 basis point move and its impact on market confidence, considering factors like the delta variant and consumer savings. Strategies for managing risk in volatile markets are explored, focusing on equity positioning and potential shifts in market winners and losers. The discussion concludes with a reassessment of growth expectations and the market's outlook.

In what ways might previous market winners struggle in the face of volatility?

What reassessments are being made regarding growth expectations for the remainder of the year?