STOCKS | UBS Strategist Says Europe Needs Broader Capex Beyond AI to Sustain Equity Rally
2026-06-15 10:33:10
Europe needs several conditions in place, including a broadening of capital expenditures away from artificial intelligence, to sustain its equity rally, UBS Group AG chief strategist Bhanu Baweja said. According to Bloomberg, Baweja said the region’s gains will be harder to maintain without investment spreading beyond AI.
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