Fed Comments Provide Excuse For S&P 500 Pullback
With the G-20 Summit still hovering above the markets and economy, UBS’ global head of economic research Arend Kapteyn suggests that the globe is “one step away” from recession. While escalation isn’t what UBS expects, a failed meeting between President Donald Trump and China’s Xi Jinping that results in a new wave of tariffs would mean “major” changes to…
