UBS: The Fed’s Upcoming Rate Cuts May Boost the Stock Market

Jinse Finance reported that UBS pointed out that historically, when the Federal Reserve cuts interest rates during non-recession periods, the stock market performs best. According to data since 1970, when the economy does not fall into recession and the Federal Reserve cuts rates, the average annualized return of the S&P 500 Index is 15%. UBS stated: "We believe that the macro environment may continue to be most favorable at the beginning of next year, supporting the next round of stock market gains if corporate earnings remain strong."