By Bilal Hafeez 01-08-2019

Wealthy Americans are Increasingly Willing to Invest (UBS Survey, 2 min read)

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UBS Global Wealth management conducts a useful quarterly survey on US investor and entrepreneur sentiment. The latest data shows an improvement in optimism on the overall global economy – 41% were positive, up from 37% last quarter. This is largely driven by bullishness on US stocks; 37% expressed an intent to invest more, up from 26%. The next most attractive region for investing was the EU, probably as a result of the recent promises from the Central Bank of fresh stimuli.

Why does this matter?  A bullish US market investor sentiment is evident with S&P500 and other benchmark indices tapping new all-time highs, engineered by the US Fed dovishness. But the bond market appears much more concerned, with the yield curve inverting.

(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)