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Islamist rebels led by Hayat al-Tahrir al-Sham (HTS) are working to restore services in Aleppo following their recent takeover, aiming to present themselves as a viable alternative to the Assad regime. Despite challenges, including a devalued currency and service disruptions, residents report a return to normalcy with open markets and improved internet access. HTS is also attempting to reassure minority communities about their safety and governance, while navigating the complexities of administering a diverse and populous area.
Nadia Lovell, Senior US Equity Strategist at UBS, predicts that while technology will maintain its dominance, cyclical sectors are expected to catch up by 2025. She shared these insights during a discussion with Bloomberg's Sonali Basak, Matt Miller, and Katie Greifeld on "Open Interest."
UBS analysts suggest that while the economy is experiencing a soft landing, risks remain, particularly from potential supply chain shocks. They anticipate a positive outlook for credit spreads, especially with the upcoming election, which historically influences market performance. As companies enter a consolidation phase, financial strategies like M&A and spinoffs are expected to drive earnings growth, albeit at a slower pace.
Matt Miller
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Rebels Restore Services in Aleppo Amid Efforts to Calm Minorities
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08:06 06.12.2024
technology to lead while cyclical sectors catch up through 2025
19:15 21.11.2024
outlook for credit spreads remains positive amid election uncertainties and economic shifts
20:18 01.11.2024
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