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UBS Asset Management

2025 TOP 500 RANKING: 12

Moment of clarity: August macro and asset class views

Moment of clarity August macro and asset class views

There’s a well-worn investing cliché that “markets hate uncertainty.” While often repeated, it’s somewhat tautological – uncertainty is intrinsic to investing, and a wider distribution of outcomes naturally demands higher risk premia. What’s less mentioned, however, is the inverse: markets love a reduction in uncertainty, even when the resolution of ...

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