UBS: The market bets on Trump and The Federal Reserve (FED) to rescue the market, expecting that the market will also maintain high Fluctuation.

On 26 April, UBS said that the current market thinking is broadly in line with its forecast, which is that tariffs will be reduced from currently announced levels for the rest of the year, and that the Fed will cut rates further this year. However, volatility expectations also remain elevated as trade, economic and Fed policy uncertainties remain elevated. However, UBS sees the U.S. stock market as attractive, with the S&P 500 targeting a continuation of 5,800 points by the end of the year. UBS's current base case is for the Fed to cut rates by 75 to 100 basis points this year, but in the near term, the Fed's policy flexibility appears to be more limited, as it must balance economic growth concerns with risks to an inflation recovery. ( gold ten )