UBS Global Wealth Management raises 2026 year-end target for S&P 500 Index to 7,900 from 7,500, and introduces mid-2027 target of 8,200
Newsquawk Staff ·
UBS Global Wealth Management raises 2026 year-end target for S&P 500 Index to 7,900 from 7,500, and introduces mid-2027 target of 8,200.
- BofA Weekly Flow Show (w/e 14th Oct):
- US PCE/Fed sell-side commentary after CPI: Pantheon now expects the Fed to hike by 25bps in December
- BofA Fund Manager Survey suggests that a US 10-year Treasury yield at 5.9% would prompt a shift in allocations from equities into bonds
- BofA Flow Show (w/e 30th September): USD 18.8bln to bonds, 15.8bln to stocks, 0.9bln to crypto, 0.7bln to gold, 118.0bln from cash on quarter-end; Bull and Bear indicator 8.8 (prev. 9.3)
- BofA Flow Show: Bull & Bear indicator 9.3 (prev. 9.5)
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