UBS Chief Strategist Sees US Consumer Slowdown Threatening Stock Rally
The US consumer will slow down as real disposable income growth nears zero and fiscal support fades, threatening equity markets despite strong first-quarter earnings driven by artificial intelligence, according to...
By Olivia Levieux, Francine Lacqua · Bloomberg Markets
The US consumer will slow down as real disposable income growth nears zero and fiscal support fades, threatening equity markets despite strong first-quarter earnings driven by artificial intelligence, according to Bhanu Baweja, chief strategist at UBS Group AG.