UBS Downgrades US Stocks: Weaker Dollar Plus High Valuations and Policy Disruptions, Capital May Continue to Flow Overseas
TradingKey - Amid structural downside risks for the U.S. dollar, elevated U.S. equity valuations, and the uncertainty premium stemming from inconsistent White House policies, Wall Street's long-standing confidence in the "structural outperformance" of U.S. stocks is beginning to waver.
TradingKeySat, Feb 28