UBS Global WM Is 'Underweight' Stocks, Tay Says

The video discusses the role of central banks in supporting markets and the reasons for underweighting stocks due to increased uncertainty and less attractive valuations. It highlights potential economic risks, such as trade negotiations and oil prices, and analyzes the resilience of US stocks based on recent performance. The video also examines economic indicators and unemployment trends to assess future economic conditions.

What indicators suggest that the economy is resilient?

What is the significance of the upcoming non-farm period mentioned in the text?