Interesting comment and views from CS wealth management.
Their tech team picking up something noted and allocated against a week or so on the forum pages ie the “Stoxx Europe 600 Banks
Index with strong technical momentum” contrary to UBS expectation.
Long high yield junk, which was another theme from the forum allocations a week or so ago.
They remain underweight commodities. (Jury is still out on this element, in my view, dx critical).
Here their report
Rich