UBS Sees Bull Thesis Playing Out: Raises S&P 500 Target

UBS Equity Strategists: Stock Market’s Upside Case Now the Base Case

UBS equity strategists are increasingly confident that the upside case for the stock market is now the base case. In a recent note, UBS laid out the bull case for equities, which included factors such as robust earnings, falling inflation, easier monetary policy, and more favorable economics. However, with the Federal Reserve’s recent shift in policy and declining rate expectations, UBS now sees this optimistic scenario as the most likely outcome. This shift in perspective is a significant development as it implies that the stock market could experience a sustained period of growth.