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Daily: Understanding semis volatility - UBS
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Daily: Understanding semis volatility UBS
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UBS ON AIR
House Call: Talking Equity Markets with UBS Asset Management
The desk interprets the current volatility in U.S. equities as a consequence of macroeconomic uncertainty and a vacuum of critical data, leading to heightened sensitivity among traders. Per the full note from UBS Asset Management, Jeremy Zirin notes that despite a recent correction of 4-5%, the S&P 500 is still considerably up from its April lows. The upcoming U.S. economic indicators, particularly regarding spending and inflation, will likely be pivotal as they could help stabilize investor sentiment that has been shaken by recent volatility.
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