Jonathan Ferro
👤 SpeakerAppearances Over Time
Podcast Appearances
He might not like that introduction.
It's Sergio Aramotti, the UBS CEO.
Sergio, good to see you.
Thanks for braving the cold.
I appreciate it.
Before we get into the bank, we're going to ease into this and start with financial markets.
We're going to start to the trading week stateside.
Equities open up, gap lower, bond yields higher, dollar weaker.
And let's get to what that word means, diversify.
It feels like that's a diplomatic way of saying South America sometimes.
So I'm not going to put words in your mouth.
I'll tell you what others are saying.
PIMCO is talking about a multi-year period of diversification away from U.S.
We've seen from others moving out of U.S.
treasuries.
There was a headline earlier on this morning about a very small Danish pension fund.
And they've got their own issues in Denmark right now, given their relationship with America.
What are you seeing development?