$NS $AR $RAY After the Fed’s rate hike takes effect, UBS Global Wealth Management Chief Investment Officer Mark Haefele: still positioning for a stock-market rally; recommends diversifying equity exposure
After the rate hike, although the stock market saw a sell-off, the outlook for tighter monetary policy has not shaken market bulls’ confidence.
UBS Global Wealth Management Chief Investment Officer Mark Haefele said the team is still positioning for further stock-market gains, while also preparing for near-term volatility; if tightening remains moderate, credit spreads stay stable, and profits continue to grow, the uptrend could expand into more industries and regions. He recommends diversifying equity exposure.
In the early hours of September 17, Beijing time, the Fed announced a 25-basis-point rate hike—the first since July 2023—raising the target range for the federal funds rate to 3.75%–4%.
UBS Investment Bank Research maintains its forecast for another 25-basis-point hike by the Fed in December, while noting that related risks have clearly shifted upward. UBS economists Jonathan Pingle and his team assess that the FOMC reaction function over the next four years may be more hawkish than in any period over the past forty years.#SEC批准代币化NMS股票交易临时创新豁免 #Stellar激活协议28创211TPS纪录 #Injective在Solana上线INJ
After the rate hike, although the stock market saw a sell-off, the outlook for tighter monetary policy has not shaken market bulls’ confidence.
UBS Global Wealth Management Chief Investment Officer Mark Haefele said the team is still positioning for further stock-market gains, while also preparing for near-term volatility; if tightening remains moderate, credit spreads stay stable, and profits continue to grow, the uptrend could expand into more industries and regions. He recommends diversifying equity exposure.
In the early hours of September 17, Beijing time, the Fed announced a 25-basis-point rate hike—the first since July 2023—raising the target range for the federal funds rate to 3.75%–4%.
UBS Investment Bank Research maintains its forecast for another 25-basis-point hike by the Fed in December, while noting that related risks have clearly shifted upward. UBS economists Jonathan Pingle and his team assess that the FOMC reaction function over the next four years may be more hawkish than in any period over the past forty years.#SEC批准代币化NMS股票交易临时创新豁免 #Stellar激活协议28创211TPS纪录 #Injective在Solana上线INJ