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UBS warns that credit & growth negatives not being adequately reflected in rising equities

A snippet from UBS on their concerns over US equity pricing. Analysts at the bank say they don't think the likelihood of tighter credit conditions and lower growth is adequately reflected in US equity market pricing todayUBS instead advise investors to get into high quality bonds, saying there is “better risk-reward’ there. To stay with equities, better off in emerging markets, including China, but also defensive stocks such as consumer staples and utilities. This article was wr... Read More

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Content Topics

Warns

That

Credit

Growth

Negatives

Being

Adequately

Reflected

Rising

Equities

Forex

Posted: May 23 2023, 01:30

Author Name: forexlive

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