
UBS CEO: US Asset Dump Sparks Market Panic
UBS CEO Sergio Ermotti cautions against the current market trend of selling off U.S. assets, despite rising Treasury yields and a weakening dollar, triggered by President Trump's proposed tariffs on European allies and French goods. Ermotti argues that the U.S. remains a strong, innovative economy, highlighting the creation of 2.5 million new millionaires last year, suggesting investors risk missing significant opportunities by focusing on short-term political volatility.

















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