UniCredit's Nielsen Says Equities Are 'Quite Rich,' Would Sell on Trade Deal

The video discusses the current state of the govy and credit markets, noting an orderly move and potential for idiosyncratic risk. It highlights the rich pricing in the equity market and the skepticism around a lasting trade truce. The speaker suggests selling equities on strength and looking for safe assets, though finding attractive options is challenging. Italy is mentioned as a potential opportunity due to political stability.

What signs indicate a potential increase in idiosyncratic risk in the markets?

How has the equity market been characterized in the current analysis?

What factors are contributing to the perception of rich pricing in the equity market?

What is the speaker's perspective on selling equities in the current market conditions?

What challenges does the speaker mention regarding asset allocation in today's market?