UBS’ new equity chief warns that a 10% plunge in the stock market this year will catch investors off-guard — and outlines how to protect against losses
|05/15/2019||Posted by BusinessMediaguide.Com under General World News||
- Stock-market investors are failing to fully price in the impact that higher interest rates will soon have on the economy, according to Francois Trahan, the newly appointed chief US equity strategist at UBS.
- Trahan’s new year-end target for the S&P 500 implies a decline of about 10% as the effects of higher borrowing costs kick in with a lag.
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Forget the stock market’s dips over the last two weeks: a bigger plunge two years in the making is on its way, according to Francois Trahan, UBS‘ new chief US equity strategist.
Trahan has come read more >>>