UBS’s Baweja Says Margin Pressure Is a Risk for Stocks in 2027

Strong US earnings growth should push stocks even higher before the outlook becomes less certain in 2027, with a risk that margins come under pressure, according to Bhanu Baweja, chief strategist at UBS Group AG.

Aug 20, 2026 - 15:00
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UBS’s Baweja Says Margin Pressure Is a Risk for Stocks in 2027
Strong US earnings growth should push stocks even higher before the outlook becomes less certain in 2027, with a risk that margins come under pressure, according to Bhanu Baweja, chief strategist at UBS Group AG.

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