US-China tensions are likely to escalate closer to the US elections: UBS
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US-China tensions are likely to escalate closer to the US elections: UBS

Kelvin Tay of UBS Global Wealth Management discusses the market response to Fed Chairman Jerome Powell's forecast that the coronavirus will have a long term impact on the economy. He also predicts that trade tensions between Beijing and Washington will come into focus ahead of the U.S. Presidential election, posing a downside risk of an abrupt shift in near-term valuations.
02:22
Wed, May 13 202011:19 PM EDT