Some investors may be tempted to wait for more certainty before committing capital. But our view remains that it’s better to look beyond the near-term uncertainty and start to build long-term positions now. Whatever the outcome of the US election, we think new stimulus will roll out aft er the vote and lift economic growth. Successful Phase 3 vaccine trials, or the approval of an eff ective treatment for COVID-19, would also improve visibility on the medium-term outlook. And with central banks around the world telling us that interest rates will remain close to zero for the foreseeable future, being invested is the only option for those who want to protect and grow real wealth over the long term.
UBS House View
Our publication "UBS House View" gives you a compact overview of UBS's opinions on the financial markets. Drawing on our global investment and research capabilities, it aims to offer you the best, most up-to-date investment guidance.