{"id":69529,"date":"2026-05-21T07:41:16","date_gmt":"2026-05-21T07:41:16","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/69529\/"},"modified":"2026-05-21T07:41:16","modified_gmt":"2026-05-21T07:41:16","slug":"ubss-baweja-sees-us-consumer-slowdown-threatening-stock-rally","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/69529\/","title":{"rendered":"UBS\u2019s Baweja Sees US Consumer Slowdown Threatening Stock Rally"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The US consumer will slow down as real disposable income growth nears zero and fiscal support fades, threatening equity markets despite strong first-quarter earnings driven by artificial intelligence, according to Bhanu Baweja, chief strategist at <a href=\"https:\/\/www.bloomberg.com\/quote\/UBSG:SW\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">UBS Group AG<\/a>.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Long-end bond yields have risen dramatically in the past few sessions, with the 30-year Treasury yield <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-19\/us-long-bond-yield-hits-highest-since-2007-on-inflation-concern\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">rising to levels last seen in 2007<\/a>. Speaking to Bloomberg Television on Wednesday, Baweja warned this rise reflects strong nominal growth in the US rather than inflation concerns, with real yields driving much of the backup \u2014 especially at the long end of the curve. <\/p>\n","protected":false},"excerpt":{"rendered":"The US consumer will slow down as real disposable income growth nears zero and fiscal support fades, threatening&hellip;\n","protected":false},"author":2,"featured_media":69530,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[225,13692,2981,230,197,113,3188,231,239,176,223,9374],"class_list":["post-69529","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-artificial-intelligence","tag-bonds","tag-consumer-spending","tag-earnings","tag-europe","tag-inflation","tag-iran","tag-markets","tag-middle-east","tag-stocks","tag-ubs","tag-ubs-group-ag-reg"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116611441284814488","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/69529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=69529"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/69529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/69530"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=69529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=69529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=69529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}