UBS CEO says it's too early to talk about a U.S. recession, but a slowdown is possible

UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.

Aug 15, 2024 - 03:00
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UBS CEO says it's too early to talk about a U.S. recession, but a slowdown is possible
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.