Why UBS Global Wealth Turned Bearish on Stocks

The video discusses the impact of US-China trade tensions on market uncertainty and investment strategies. It highlights the short-term market outlook, valuation arguments, and potential economic impacts of escalating tariffs. The discussion also covers the US economy's resilience and the strategic shift towards emerging markets and US equities.

What is the current outlook for the US economy despite the trade tensions?

In what ways might the escalation of trade tensions lead to a recession?