UBS Sees Stock Volatility Ahead With Mean Reversion Opportunity

When considering the recent impact of politics on market price direction, there is one factor, stock volatility, that has been consistent and is likely to remain a factor going forward, an April 29 UBS Global Research report noted. But that key market factor mostly whispered in the mainstream but carefully watched – “Fed liftoff” – is among a few factors risk managers are considering as an “endgame” to a well-worn bull market, the second longest in history, crystallizes. Stock volatility: With 2017 earnings projections likely to miss, one market factor is most likely To the downside, UBS sees “a listless…