UBS Global Wealth Management CIO on the Global Markets

The video discusses the relationship between earnings growth and valuation pressures due to rising rates, emphasizing a 12-month positive outlook. It explores bond market repricing and central bank actions, highlighting potential policy mistakes. The impact of rate hikes on market volatility and sector performance is analyzed, with a focus on financials. Geographical preferences for Japanese and Eurozone equities are discussed, considering cyclical market opportunities. Finally, the video examines COVID-19's limited impact on markets, with inflation and supply chain disruptions being more significant concerns.

What is the significance of earnings growth in relation to market valuations?

What factors are influencing the current volatility in the markets according to the discussion?

How do central banks' actions impact market expectations and performance?

What are the preferred equity markets mentioned, and why are they considered cyclical?

In what ways have recent COVID-19 case counts affected market behavior?