UBS says clients are increasingly focused on hedging downside risks
Jinse Finance reported that UBS Group stated its clients are preparing for a market downturn and warned that sentiment surrounding booming markets could shift rapidly. UBS, in its third-quarter earnings release on Wednesday, noted that with valuations high across most asset classes, "investors remain active but are increasingly focused on hedging downside risks." Looking ahead to the fourth quarter, UBS pointed out, "As confidence in the outlook is tested and seasonal factors come into play, market sentiment could shift quickly." Currently, there is little sign that this is happening.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: Monthly Adjusted Stablecoin Trading Volume Surpasses Visa and PayPal
Data: 200 BTC transferred out from a certain exchange, routed through intermediaries, and flowed into FalconX
Standard Chartered Bank launches blockchain-based tokenized deposit solution
A certain whale address sold all 7,654 ETH one hour ago, making a profit of about $4 million.
