Caution Is Warranted on Risk Assets Says Evan Brown of UBS

The video discusses the cautious approach needed for risk assets as global markets anticipate a faster recovery than likely. It highlights differences in economic recovery between the US and Europe, noting Europe's advantage in short-term work arrangements. The analysis covers market valuations, emphasizing caution in tech sectors due to US-China tensions. The evolving US-China relationship, now encompassing more than trade, impacts global markets, with Europe largely observing from the sidelines. The video concludes with Europe's potential exposure to trade impacts and its cautious approach to US-China tensions.

What caution is warranted regarding risk assets in global equity markets?

How does China's economic reopening differ from that of the developed world?

What are the implications of the differences in unemployment rates between the US and Europe?

In what ways might Germany outperform other countries in terms of economic recovery?

What are the potential vulnerabilities in the tech sector due to the US-China relationship?

How has the character of the US-China relationship changed over the years?

What role does Europe play in the current US-China tensions?