Reported about 1 month ago
UBS Global Wealth Management has upgraded its view on global equities to 'attractive', citing resilient U.S. economic growth, easing monetary policies from major central banks, and an AI boom. This shift is influenced by a 16.3% increase in the MSCI world equity index this year, and UBS analysts believe further stimulus from China and robust labor markets will bolster corporate earnings, particularly in the technology sector. However, potential U.S. election outcomes, especially involving Donald Trump, could pose short-term market risks.
Source: YAHOO