Category: disinflation
The S&P 500 could plunge another 16% and won’t bottom until the Fed starts to cut interest charges, UBS says
Stocks won’t bottom until the Federal Reserve starts slicing interest charges, in accordance to UBS. Mario Tama/Getty Images The S&P 500 will fall to 3,200 factors earlier than it hits a low in Q2 subsequent 12 months, UBS has forecast. US shares won’t recuperate until the Federal Reserve starts slicing interest charges, the financial institution mentioned. “The speed of that pivot will drive every asset…