Recent volatility spike was a 'huge overreaction,' but expect more ahead, UBS strategist says
Publishing timestamp: 2024-08-21 01:09:25
Summary
August has been a volatile month for markets, with uncertainty about the global economy causing a spike in volatility. UBS expects markets to settle at a slightly higher volatility level than the current one, with key indicators being job data points in the coming months.
Sentiment: NEUTRAL
Keywords: corporate stock, stock indices and averages, business news, economic events, ubs group ag, united states, personnel, markets, cboe volatility index,