The odds of a policy error under Trump 2.0 are “creeping up,” even with markets broadly pricing in a positive outcome, according to UBS. “It’s fair to say that investors have put a lot more probability on a policy put (i.e., market-supportive policies) than a policy error (marketnegative policies). But the odds of the latter are creeping up, based on actions thus far and recent data,” read a Monday note from the chief investment office of UBS Global Wealth Management. “While a policy error outcome is still unlikely, until that’s clear, the debate will likely generate market volatility, especially in the near term,” the note continued. “In fact, the markets pricing in a high probability of a policy error may be a necessary precursor for the policy put to be exercised.”
Discover how we can elevate your portfolio and deliver exceptional growth. NEW Monthly Payout Of At Least 0.5% In US Dollars
AlgoTrader 