More Market Angst

UBS Chief Economist Paul Donovan highlights market anxiety driven by geopolitical tensions in the Middle East, weak economic data from China, and the rise of far-right political parties in Europe.

Key Takeaways

• 1.Middle East geopolitical tensions, specifically a drone fire at an Emirati nuclear plant and US-Iran rhetoric, are unsettling global markets.
• 2.China's April economic data was disappointing, with stagnant retail sales indicating weak domestic demand.
• 3.The rise of far-right politics in Spain and the UK is increasing political polarization and complicating the pricing of political risk.

Table of Contents

• Audio
• Global asset class preferences definitions
• Appendix
• Risk information
• Generic investment research – Risk information
• Additional Disclaimer relevant to Credit Suisse Wealth Management

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