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UBS Global Wealth Management has upgraded its outlook on global equities to "attractive," driven by resilient U.S. economic growth, easing monetary policies from major central banks, and an AI boom. The MSCI world equity index has surged 16.3% this year, with further stimulus from China expected to bolster global stocks. While technology is projected to lead earnings growth, potential risks from the upcoming U.S. elections could impact market stability.
UBS Global Wealth Management has upgraded its outlook on global equities to "attractive," driven by strong U.S. economic growth, easing monetary policies from major central banks, and an AI boom. The MSCI world equity index has surged 16.3% this year, with further stimulus from China expected to bolster global stocks. While technology remains the primary growth driver, potential risks from the upcoming U.S. elections could impact market stability.
UBS Global Wealth Management has upgraded its outlook on global equities to "attractive" from "neutral," driven by strong U.S. economic growth and easing monetary policies from major central banks. Analysts noted that the resilient economic environment and proactive central bank actions provide a supportive backdrop for further gains.
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ubs raises global equities outlook to attractive amid economic resilience and ai boom
11:37 25.10.2024
ubs raises global equities outlook to attractive amid economic resilience and ai boom
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10:49 25.10.2024
ubs global wealth management upgrades global equities to attractive status
10:27 25.10.2024
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