UBS’s Baweja Says Margin Pressure Is a Risk for Stocks in 2027

UBS strategist Bhanu Baweja says strong US earnings growth can continue to lift stocks, even before the outlook becomes less certain in 2027. He flags a key risk that company margins may come under pressure as the forward window extends.

Analysis

UBS strategist Bhanu Baweja says strong US earnings growth can continue to lift stocks, even before the outlook becomes less certain in 2027. He flags a key risk that company margins may come under pressure as the forward window extends.