UBS downgrades the U.S. stock market. Here’s what has the investment bank worried

UBS downgrades the U.S. stock market. Here’s what has the investment bank worried


Key Points
  • UBS downgraded U.S. equities, saying factors that powered years of outperformance are starting to fade.
  • The dollar risk is a central concern as the firm sees “asymmetric structural downside risks” to the greenback.
  • Another pillar of U.S. stock strength — corporate buybacks — is also losing its edge, the bank said.



Source

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