UBS raises 2024 MSCI AC World index forecast to 830 from 800 due to improving equity risk appetite.
UBS raises 2024 MSCI AC World index forecast to 830 from 800 due to improving equity risk appetite, AI optimism, and potential economic recovery. The updated forecast offers a 6% upside potential for the global equity market performance benchmark. UBS also anticipates earnings revisions and a pause in interest rates by the U.S. Federal Reserve to positively impact global equities.
June 04, 2024
3 Articles