Cyclical, Value Stocks May Gain as Virus Fears Wane: UBS

May.25 — UBS Wealth Management has been looking at data which it says shows fears of a second wave of coronavirus infections may be overdone, a scenario which Chief Investment Officer Mark Haefele says will be positive for certain equities. "We would look for a lot of the gains to come from the parts of the indices that have not rallied at all," Haefele said in an interview on "Bloomberg Surveillance."

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