In order to avoid financial loss for the clients as well as the business, UBS is now classifying what were once medium-risk investors into high-risk investors. It also doubles as a warning which possibly indicates anticipation of a looming catastrophe.
It really looks like the investment industry is trying to get investors to participate in this “great rotation” from bonds to equities.
According to Charlie Gasparino (via Josh Brown) some clients of UBS are about to get a shocking letter in the mail. Continue reading