Home Tags UBS
The Turkish lira is falling again — but stock market investors are returning to Turkey at their fastest rate in half a decade
UBS said Turkish stock markets saw their strongest inflows since January 2013 in the week to August 15 as investors "buy the dip."
"Companies/industries most affected could see an EPS hit 2x+ larger than the S&P overall, suggesting trade escalation is not priced," UBS warned.
UBS: Bitcoin is ‘too unstable and limited’ to be money or a new asset class — and 70% of the price action is driven by speculators
"In order to match US M1 money supply, bitcoin's price would need to be around $212,992. To process Visa's c.$30 billion of daily transactions using the old core protocol, the block size would need to be 18.8MB instead of 1MB, or the price would have to be around $187,611."
If financial market expectations are met, Britain's central bank should raise rates from 0.5% to 0.75%, taking the UK's base rate of interest to its highest level since March 2009. But it might not be a good idea
Tesla's newly revised pricing strategy isn't just intended to boost its near-term probability — it's setting the company up to raise more money in the fourth quarter, says UBS.
"I'm pleased with the second quarter, which contributed to a strong first half, with particularly good capital generation," Sergio Ermotti, the bank's chief executive said in a statement.
Banks were afflicted by the sheer unpredictability of this year's tournament, which saw the unfavored Croatia squad make it all the way to the final.
Pilotless planes could be a $35 billion opportunity that Wall Street is completely missing, UBS says
Convincing people to fly on them, though, might be a little more difficult.
UBS: Trump’s trade war is trying to take us back to the 1800s — but Harley Davidson has proved it won’t work
The escalating trade war being spearheaded by President Donald Trump is returning the world to a state not unlike that seen in the 1800s, in trade terms at least, according to a senior figure at Swiss bank UBS.
Bad news for Panama, Egypt, Tunisia, Costa Rica, and Saudi Arabia, all of whom have literally zero chance of being crowned champions, the bank's analysts say.