The Latest Breaking News from Mark Haefele

Gold is nearing $3,870 as investors flock to safe-haven assets despite Wall Street optimism, Fed rate cut bets, and recession fears fading.

With U.S. jobless claims surging and labor data revised sharply lower, markets see Jerome Powell locked into a September Fed rate cut despite sticky inflation.

UBS's chief investment officer, Mark Haefele, wrote the White House may still make some cutting moves.

UBS said that in the coming quarters, tariffs are expected to be notched down for some nations and inched higher for others.

U.S. stock futures were in negative territory during Tuesday’s premarket hours as the dollar slipped to 106.3 level.

Unrelated to past cycles, global central banks are easing monetary policy despite strong economic growth, high asset prices, and elevated inflation, highlights Bob Elliott, the chief investment officer at Unlimited Funds. Elliott also presents the underlying data in a thread on X (formerly Twitter) that reiterates these conditions.

These fundamentally sound mid-cap tech stocks can protect your portfolio in an uncertain scenario, according to the latest analysis from UBS.

Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry

“We do not believe there is contagion risk for the rest of the banking sector on the heels of SVB's struggles,” David Trainer, CEO of the investment research firm New Constructs, told Fortune.