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UBS: The global stock market rise momentum is expected to continue.
Jin10 data reported on August 22, UBS Group's Mark Haefele stated that the global stock price rise momentum may continue. He pointed out: "We expect the economy to achieve a soft landing, robust corporate earnings, and lower interest rates will support the market in the next 12 months." Haefele mentioned that corporate earnings continue to exceed expectations, which provides justification for high stock market valuations. "This indicates to us that the market is not in a bubble."