Mark Heidfeld: Fed's interest rate hike has not changed stock market gains, suggesting diversified allocation to cope with volatility

Mark Heifer, Chief Investment Officer of UBS Global Wealth Management, stated that the team is still planning for a stock market rally and is prepared for recent volatility. If the tightening remains moderate, credit spreads remain stable, and profits continue to grow, the upward trend is expected to expand to more industries and regions. It is recommended to diversify stock exposure while avoiding excessive concentration in areas that are particularly sensitive to interest rates or rely on a single return driver. (Source: Golden Ten Data)