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UBS: U.S. Stocks Could Enter a Bear Market This Year

The selling might just be getting started.
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U.S. Outlook: a Bear Market for Equities in 2016?

A few firms have already cut their targets for the S&P 500 this year, but a team of technical analysts within the equity sales division of UBS is taking it a step further and calling for the end of the stock market's seven-year bull cycle and a drop of 20 to 30 percent in the not-so-distant future. 

Michael Riesner and Marc Müller make the case for more volatility and a fall in U.S. stocks in a note sent to clients: