UBS Warns of Potential 23% Stock Market Crash on Recession, Inflation and Geopolitical Risks
• UBS outlined a potential 23% stock market crash to 3,700 in the S&P 500 • Risk 1 US slips into a recession in the next 6-12 months due to Fed rate hikes • Risk 2 Inflation stays hot, forcing more rate hikes than expected • Risk 3 Increase in geopolitical turmoil from various global conflicts • Combination of recession, high inflation, and geopolitics could end bull run