Deutsche Bank: Time to Go Back to Neutral on Stocks

The discussion focuses on market positioning, highlighting a shift from underweight to neutral due to bearish market signs. It examines the impact of inflation and real rates on market movements, noting that profit implications may change with upcoming earnings seasons. Despite recession prospects, there is potential for market rallies, suggesting a cautious approach to equities. The global market outlook, particularly in the US and China, is considered, with a recommendation to move towards a neutral position.

What factors are contributing to the bearish signs in the market according to the text?

How does the speaker view the relationship between inflation and market performance?

What is the significance of the Q2 earnings season mentioned in the text?

What is the speaker's stance on being underweight equities, and what are their future considerations?

What are the implications of the sentiment in China as discussed in the text?