The market is still not pricing in recession risk, and stocks have yet to bottom, UBS managing director says

The market is still not pricing in recession risk, and stocks have yet to bottom, UBS managing director says

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A trader works on the floor of the New York Stock Exchange. REUTERS/Brendan McDermid Markets are underestimating the risk of an economic hard landing, UBS' Michael Zinn warned. Zinn pointed to recent corporate earnings, many of which have fallen below analysts' estimates. The Fed will remain…

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