UBS sees a 40% chance of a U.S. recession over the coming 12 months, and says the economy is like a plane “flying quite low to the ground and looks vulnerable to turbulence.” Read More
There are 4 possible recession scenarios, UBS says, including one where the S&P 500 rises 16% by the end of 2023
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The current millennial-driven inflation spike is a rerun of the boomers’ 1970s coming of age, so expect high inflation for years, investment strategist says
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