U.S. economy is on the cusp of another Roaring ’20s, says UBS

Crowd at Wall Street watching Red Cross Fund swell. (Credit: Bettmann / Contributor - Getty Images)

The American economy is seemingly fairing so well that UBS has signaled a potential return to the glory days.

The European finance giant believes Uncle Sam is inching closer to a "Roaring ’20s" scenario, placing the likelihood of an incoming booming economic cycle at 50%.