The global rally in stocks that's kicked off 2023 may prove to be 'head fake' as it's too soon to assume inflation is receding, says UBS

The global rally in stocks that's kicked off 2023 may prove to be 'head fake' as it's too soon to assume inflation is receding, says UBS

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AP Photo/Richard Drew The stock-market rally at the start of 2023 faces risks from still-elevated inflation, UBS Global Wealth Management said. Central bankers are monitoring core prices, which rose in the euro area and the US in December. Key stock gauges in the US, Europe, and China have risen,…

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