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UBS CEO: In the future, markets will continue to see volatility “soar.” Mars Finance News, on July 29,

MarsBitNews
Mars Finance news. On July 29, UBS Group CEO Sergio Ermotti said in an interview that he expects the “volatility surge” to continue for the rest of this year. “Given the macro situation, geopolitical conditions, the ongoing debate, and the huge divergence we are seeing in the stock market, the pressure energy prices face may pose a potential headwind for inflation.” Ermotti said investors won’t like this kind of volatility: “I do indeed expect volatility to keep surging for the remainder of this year.”
UBS-0.98%
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