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Next stock market crash: UBS says equities in dangerous 'grey zone'

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The last 2 times stocks entered the 'Grey Zone' was before the tech bubble and the global financial crisis. Here’s why UBS thinks equities are on a similar path — and why the Fed will be powerless to stop it.

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The strategists see a slowdown in Institute for Supply Management new order data signaling meek S&P 500 earnings, which they think will translate into a decline.

 

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