Equities Risk Reward 'Not Necessarily Fantastic': UBS

The video discusses the separation of banking issues and monetary policy by governments, highlighting aggressive policies to address each. It notes the benign view of equity markets despite turmoil in bond and currency markets. The speaker suggests reallocating to fixed income due to potential lending pullbacks by smaller banks, which could impact credit creation and earnings.

What is the expected impact on credit creation in the economy due to the banking issues?

In what ways might earnings be affected according to the discussion in the text?