UBS suggests possibility of global equity rally or sell-off
- 1UBS strategists said it is increasingly likely that global equities will show either a synchronized rally or a synchronized sell-off over the next two weeks.
- 2Strategists led by Keith Parker said market internal indicators showed accelerated risk aversion last week.
- 3UBS identified five circuit breakers that will determine market direction: hyperscaler cloud revenue, the Fed's interest rate path, the Iran and oil-related situation, the U.S. midterm elections, and corporate share buybacks.
So what's the key point?
UBS strategists said there is a higher possibility that global stocks will experience either a synchronized rally or a synchronized sell-off during the next two weeks.
Source Investing.com · View original ↗
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