UBS: Fed Rate Cuts Could Boost Stock Market, S&P 500 Annualized Return May Reach 15%
According to ChainCatcher, citing Golden Ten Data, UBS pointed out that historically, when the Federal Reserve cuts interest rates during non-recession periods, the stock market performs best. Based on data since 1970, when the economy has not fallen into recession and the Federal Reserve has cut rates, the average annualized return of the S&P 500 Index is 15%. UBS stated that the macro environment may continue to be in the most favorable state at the beginning of next year, supporting the next round of stock market gains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Novo Nordisk (NVO.US) considers entering the hair loss market, seeking new growth points with its "post-Wegovy" strategy
Novo Nordisk is targeting the hair loss market, seeking to diversify its drug portfolio.
The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to 125 USD.
Piper Sandler analyst James Fish maintains a "Neutral" rating on Cisco, while lowering the target price from $132 to $125.
Crypto prices
More
