UBS Sees No U.S. Recession, Three Fed Rate Cuts in 2020

The video discusses the potential for a recession in the US, noting that while forecasting is limited to two years, central banks have been able to extend economic cycles by managing inflation. Current challenges include investment uncertainty, which may hinder economic recovery. The S&P earnings outlook is bearish, with potential market corrections expected. The video also covers the impact of Fed rate cuts and tariffs, particularly on manufacturing and retail sectors, highlighting the need for tariff rollbacks to prevent further economic damage.

What are the expected trends for the S&P index by the end of next year?

What impact do the September tariffs have on the retail sector?