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Santa Claus Rally Is Facing Some 'Indigestion,' Says UBS Expert: 'The Market Is Basically Taking A Little Bit Of A Probably Well-Needed Pause'
Wednesday, December 18, 2024 - 5:12am | 603Michael Zinn, a senior portfolio manager at UBS Global Wealth Management, has shared his perspective on the current market dynamics as the year draws to a close. What Happened: Zinn remarked that the Santa Claus rally, which typically brings positive market momentum, is experiencing some...
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This Expert Sees Gold Breaking $2,000 Level By End Of 2023 — Here's Why
Wednesday, February 15, 2023 - 9:47am | 238On CNBC, Wayne Gordon of UBS Global Wealth Management said gold is expected to break the $2,000 level by the end of 2023. The U.S. dollar is showing signs of weakness now, and gold will continue to be a "very good hedge" against the weakness in the greenback. Don’t forget to check...