UBS On-Air: Market Moves Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 35)
May 16, 2025
Burkhard Varnholt, a seasoned expert in global financial markets, shares insights on current trends in deal diplomacy and market recovery. He highlights the progress of US-China trade relations and its impact on investors. Varnholt discusses the intricate dynamics between the two superpowers, warning against overly optimistic expectations. He also reassesses the fears surrounding a potential US recession, emphasizing positive signs from markets and the resilience of businesses. His reflections inspire confidence in navigating today’s investment landscape.
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Trump Effects on Global Markets
- Donald Trump's trade policies seem to motivate other countries to enhance competitiveness and infrastructure spending.
- A softer U.S. dollar benefits emerging markets, aiding their growth and market performance.
Surprising Market Recovery Speed
- The speed and scope of the market recovery after April 2nd's initial drop was stunning and one of the fastest in history.
- Global stock markets outside the U.S., including LATAM, Europe, China, and EMEA, performed strongly this year.
Complex U.S.-China Trade Dynamics
- Both the U.S. and China strongly desire a trade deal due to mutual dependencies.
- China's push to diversify and stimulate its economy presents a contrarian investment opportunity with upside potential.