UBS Predicts Potential S&P 500 Surge Amid Bubble Conditions
Despite the S&P 500’s impressive 23% rise this year, UBS strategists, led by Andrew Garthwaite, argue that U.S. stocks have not yet entered a bubble, primarily due to insufficiently loose monetary policy. Their report identifies six out of seven necessary conditions for a bubble, including the end of a structural bull market, pressured corporate profits,…
