UBS Wealth Management: Underweight Equities

The video discusses the ongoing trade tensions and their impact on economic data, particularly in manufacturing. It highlights the potential risks of new tariffs affecting the consumer economy and suggests investment strategies like carry strategies and higher quality credits. The discussion also covers the challenges of managing risks in a volatile trade policy environment and the importance of balancing downside protection with upside potential.

What is the significance of the President's comments on the stock market in relation to trade policy?

How long is it expected to take for the economic data to turn around according to the text?