UBS View on Current US Stock Market

Markets have remained impressively resilient, reaching new highs despite ongoing uncertainty and shifting headlines. While risks around trade policy, Fed independence, and fiscal deficits are mounting, equities remain supported by strong performance in mega-cap tech and optimism around AI. As we look to second-quarter earnings, we expect growth to moderate but remain positive, with the Magnificent Seven still leading the way, though at a slower pace.
 
We maintain a Neutral view on US equities, as we believe much of the good news is already priced in, and we anticipate some near-term volatility. However, we still see room for further gains, with the S&P 500 likely to reach 6,500 over the next year. In fixed income, we continue to favor high-quality assets, particularly investment grade credit and agency MBS, as yields are expected to trend lower, albeit with some bumps along the way.

所有跟帖： 

• 到明年才6500，很保守啊 -tom_high- ♂ (0 bytes) () 07/26/2025 postreply 03:21:49

• 8月份就到了，UBS预测一向保守 -lionhill- ♂ (0 bytes) () 07/26/2025 postreply 03:29:26

• Will hit 6500 this year for sure. -Trader RM- ♂ (0 bytes) () 07/26/2025 postreply 03:32:55

• 我是觉得过两天就到啊，也可能这次我太乐观了 -tom_high- ♂ (0 bytes) () 07/26/2025 postreply 04:05:28

• 市场现在长势好好的，等下跌信号出来了再卖吧。五月份以来很多人急急忙忙地陆续跳下车，挣当先知。大千先知捣乱者也是四月底跳的 -麻你- ♂ (122 bytes) () 07/26/2025 postreply 04:42:14

• 要做到炒股自由，想买就买，想卖就卖。：） -tom_high- ♂ (0 bytes) () 07/26/2025 postreply 05:26:01