Markets Have Been Uncomfortable for a Long Time: UBS’s McCartney

The video discusses the current state of US and global equities, highlighting record highs and concerns about overbought conditions. It examines the late-stage bull market, driven by asset allocation in a low-interest environment, and the impact of political events like the UK election and US-China tariffs. Technical indicators, such as relative strength, are explored for their potential profitability. The discussion shifts to market health, focusing on stock fundamentals and earnings growth. Finally, the challenges investors face in making money outside the technology sector are addressed.

What does the speaker suggest will be important for stocks moving into the next year?

What challenges do investors face in the current market environment according to the speaker?