BNP Paribas 'Cautious' on Equities; Favors Treasuries, Investment Grade Bonds

The video discusses the current market uncertainty, focusing on the pressure on bonds and equities due to interest rate hikes. It highlights the potential for a U.S. recession next year and the attractiveness of U.S. Treasuries and investment-grade bonds. The discussion also covers expectations for the Fed's policy changes, including potential rate hikes and their impact on the market. Additionally, it addresses the risks of policy missteps and potential credit events, emphasizing the importance of U.S. Treasuries as a hedge against recession and credit risks.

What indicators suggest that equities may face more downside?

What makes U.S. Treasuries and developed market investment funds attractive currently?

How do current interest rates affect the bond market and equities?

What are the potential implications of the US going into a recession next year?

What are the risks associated with the Fed's current tightening cycle?