UBS predicts a "no landing" scenario for the U.S. economy

ChainCatcher news, UBS predicts that the U.S. economy will experience a "no landing" scenario, where economic growth continues and inflation remains stable, breaking the recession forecast. Due to stronger-than-expected employment data and GDP growth, UBS expects the elections to trigger market volatility, but as the Federal Reserve moves towards rate cuts, economic momentum and the trend of artificial intelligence will support a rise in the stock market.