The Latest Breaking News from Mark Haefele

“It’s quiet ... a little too quiet,” writes Mark Haefele, chief investment officer of UBS Global Wealth Management.

“These retreats are so frequent that investors should rationally expect them. So why do markets still react to the initial announcements?” UBS’s Paul Donovan asked.

U.S. stock futures were in negative territory during Tuesday’s premarket hours as the dollar slipped to 106.3 level.

Unrelated to past cycles, global central banks are easing monetary policy despite strong economic growth, high asset prices, and elevated inflation, highlights Bob Elliott, the chief investment officer at Unlimited Funds. Elliott also presents the underlying data in a thread on X (formerly Twitter) that reiterates these conditions.

These fundamentally sound mid-cap tech stocks can protect your portfolio in an uncertain scenario, according to the latest analysis from UBS.

Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry

The stock market absorbed lots of bad news in April.

“We do not believe there is contagion risk for the rest of the banking sector on the heels of SVB's struggles,” David Trainer, CEO of the investment research firm New Constructs, told Fortune.

China is “at the eye of a de-globalization storm,” JPMorgan’s emerging markets specialist Jitania Kandhari said Tuesday—and India may be the biggest beneficiary. “Everything that is not working for China is working for India.”