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UBS SAYS MARKETS OVERPRICE FED HAWKISHNESS UBS says markets are overestimating the Federal Reserve’s hawkish shift, arguing rate hike expec…

UBS SAYS MARKETS OVERPRICE FED HAWKISHNESS UBS says markets are overestimating the Federal Reserve’s hawkish shift, arguing rate hike expectations are too aggressive given still-anchored inflation trends. The bank now expects Fed easing to resume in December, with another cut in March 2027, but says there is a high bar for any rate hikes. UBS attributes recent yield gains to inflation and energy fears but says they are not a reason to reduce equity exposure, recommending disciplined portfolio positioning instead. The bank remains constructive on equities, forecasting strong S&P 500 earnings growth and maintaining a 7,900 year-end target.
UBS SAYS MARKETS OVERPRICE FED HAWKISHNESS UBS says markets are overestimating…
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