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UBS Likes Health, EM Bonds, Commodities in Broader Play
Source: Bloomberg
Investor Sentiment & PositioningCommodities & Raw MaterialsEmerging MarketsCurrency & FXHealthcare & Biotech
UBS Global Wealth Management CIO Mark Haefele urged investors to remain humble and diversify portfolios, highlighting health-care equities, emerging-market bonds, and commodities including gold. Haefele also said the Japanese yen is unlikely to appreciate, reflecting a cautious cross-asset allocation view rather than a high-conviction directional market call.
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