Mark Haefele says investors should look to increase exposure to financials, industrials, and energy during the ongoing "reflation trade."
UBS Global Wealth Management CIO Mark Haefele says investors are "significantly underallocated to China relative to its weight in global benchmarks."
The recent EV sell-off doesn't mean the boom in electric cars is going away anytime soon, according to Mark Haefele, chief investment officer at UBS.
UBS says that inflation may spike in the near-term as pent-up demand meets constrained supply, but fears of a persistent rise are overdone.
Stocks are rallying the most in months despite the US presidential race still being up in the air. T hat’s because the most important election outcome has already emerged. A Republican-controlled Senate, which seems likely to emerge, can also block tax hikes and regulations sought by Democrats. Senate Majority Leader […]
Technology stocks have led the broader market rally this year, but a team of analysts led by UBS Global Wealth Management Chief Investment Officer Mark Haefele see stocks representing a return to normalcy on the rise. “ We think global equity gains from here may lean more heavily on ‘more […]
Mark Haefele, chief investment officer at UBS Global Wealth Management, told Business Insider the worst of the recent weakness in the stock market is probably over for now. But he said the central bank may wait for a vaccine to inject fresh cash: “Is the Federal Reserve reluctant to deploy […]
Mark Haefele of UBS told CNBC on Tuesday that the market won’t move higher until the nation enters a “more normal” stage of life where a vaccine against the coronavirus is available. The global wealth management chief investment officer said that he expects volatility through the US election because the […]
Mark Haefele â€” chief investment officer at UBS Wealth Management, which oversees $US1.4 trillion in assets â€” highlighted five ways investors can position their portfolios for the uncertain months ahead. W hile the timeline for a vaccine is unknown, Haefele expects an economic recovery next year and said now is […]
Investors who think central banks are out of policy ammunition are mistaken and could lose out on additional policy-driven gains, says Mark Haefele, chief investment officer at UBSWealth Management. The Federal Reserve has slowed its roll after rapidly deploying unprecedented relief measures, and is expected to stay its course during […]
The tech sector is not in a bubble, according to UBS Global Wealth Management. Mark Haefele said in a note on Monday: “The sell-off raises the question whether the time has come to sell tech stocks. But our view is that the move does not mark the start of a […]
The stock market sharply sold off this week just days after the S&P 500 hit a fresh record high and notched its best August performance in 34 years. “We view the latest sell-off as a bout of profit-taking after a strong run,” said Mark Haefele, the chief investment officer of […]
The Federal Reserve’s unprecedented monetary easing decoupled the stock and Treasury markets, but it might play right into investors’ hands, Mark Haefele, chief investment officer at UBS, said Thursday. Treasury yields typically rise when stocks do, but the Fed’s forecast of near-zero rates lasting for years led Treasurys to sink […]
Uncertainty around the coronavirus pandemic’s trajectory has led Mark Haefele – chief investment officer at UBS– to detail three strategies for various economic-reopening scenarios. The bank’s more optimistic scenario sees the US avoiding a second wave of COVID-19 cases and reopening through June. Value and cyclical stocks would be best […]
Three corners of the stabilizing stock market show significant promise for when the coronavirus threat subsides and prices rally, UBS analysts wrote Wednesday. Equities are currently pricing in a U-shaped rebound through the second half of 2020, and the heavy selling through March sets firms with “still-solid fundamentals” up for […]
UBS chief investment officer has a very negative outlook for 2020. Mark Haefele said that he expects “global growth to slow in 2020 to its slowest pace since the global financial crisis,” with the trade war the main reason. UBS also expects the US-China to worsen next year and Europe […]
UBS, the world’s largest wealth management group, told its clients to be bearish on stocks and sell off over trade war fears. UBS wealth management oversees more than $US2.4 trillion in assets on behalf of wealthy clients. Mark Haefele, UBS’ global chief investment officer, said: “We do not see this […]