Lates News

UBS Global Wealth Management has downgraded its rating on US stocks from "attractive" to "neutral", stating that after a strong rebound from April lows, the risk-return balance is now more even. The team, led by Mark Haefele, pointed out that uncertainty remains high and investors' focus will shift to the possibility of reaching a lasting trade agreement. "It is important to note that this is not a bearish view or a call to sell stocks. We recommend investors maintain a full strategic allocation to US stocks."