UBS: Investors should be prepared for potential market volatility in the coming weeks

According to a report by Jinse Finance, the Office of Investment Director at UBS Wealth Management stated that the S&P 500 index has risen nearly 30% since concerns over US tariff policies peaked in April. This reflects an increasing belief among investors that the United States will reach a compromise with its major trading partners. Recent data also indicates that the US economy has maintained resilience, and market sentiment has been boosted by top tech companies continuing to increase their capital expenditures on artificial intelligence. UBS also reminds that the significant increase in recent weeks has reflected many potential positive news, and investors should be prepared for possible market fluctuations in the coming weeks. Although the market will be encouraged by the increased trade certainty between the US and Europe, the level of US tariffs has still increased by about six times compared to the general level before Liberation Day. The economic impact of these tariffs is currently becoming apparent, while uncertainties regarding their scale, distribution, and second-order effects still exist. The economic impact of tariffs at the industry level may be greater than at the national level.