UBP's Calder: Neutral Global Equities, but Favor US

The video discusses recent market trends, highlighting better-than-expected declines in consumer and producer prices, leading to rallies in stocks and bonds. The speaker explains their neutral stance on global equities, with a preference for US stocks over Japan and emerging markets. The focus shifts to US banks, emphasizing the importance of upcoming earnings reports and the impact of the Fed's rate hike cycle. The potential for financials to outperform post-rate hike is explored, with attention to commercial real estate and regional banks. The speaker notes the uncertainty surrounding the Fed's final rate hike and its implications for financials.

How have regional banks been affected since March, according to the text?

What is the significance of the Fed's rate hiking cycle in relation to financials?