UBS Has Cut Its Overweight in EM Equities: Themistocleous

The video discusses UBS's strategic changes in response to the trade war, including reducing exposure to emerging market equities and the Australian dollar. It highlights investment in high-yield emerging market currencies like the South African Rand, Indian Rupee, and Indonesian Rupiah. The discussion shifts to the dollar's potential movement amid low volatility and yield curve flattening, with historical comparisons to past market reactions, emphasizing the dollar's role during financial crises.

What factors have contributed to the low volatility environment mentioned?

What historical context is provided regarding the dollar's valuation?