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UBS House view
UBS House viewMonthly Base August 2018 Chief Investment Office GWMP ublishedJul 19 2018 This report was prepared by UBS see the important disclaimer at the end of the document is a snapshot view . We update the tactical asset allocationas changes occur and resend it to subscribers. For all other forecasts andinformation, we advise you to check the Investment Views section in your E-Banking or in further information please contact Head CIO Global Asset Allocation Andreas J Koester, or CIO asset class specialists Philipp Sch ttler, or Carolina Corvalan, Financial Market Outlook short term Earnings expectations still advancingNet earnings revision ratio MSCI ACWorld, 3mma-15%-10%-5%0%5%10%15%201020112012201 320142015201620172018 NetearningsrevisionratioMSCIACW orld,3mma
UBS House view Monthly Base August 2018 Chief Investment Office GWM Published Jul 19 2018 This report was prepared by UBS AG. Please see the important disclaimer at the end of the document.
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