Time to trade the growth slowdown

UBS Macro Monthly - June 2022

  • We are optimistic that the US economy is strong enough to weather headwinds and avoid a recession in the next 12 months. − However, market pricing of recession risk is likely to increase over the next few months.
  • Equity valuations are still expensive relative to bonds. Moreover, we believe that signs of a durable bottom in economic growth or a Fed pivot to a less hawkish stance are unlikely in the near term.
  • Should global economic momentum accelerate against our expectations, we feel that Chinese equities are an attractive way to express this view.

read article

UBS-Fonds kaufen Sie über FondsSuperMarkt zu besonders günstigen Konditionen!

  1. Dauerhaft 100% Rabatt auf den Ausgabeaufschlag
  2. Kostenloses Depot
  3. Keine Transaktionskosten
  4. Sichere Verwahrung bei einer deutschen Depotbank

mehr erfahren