UBS raises the question of Fed rate hikes after the super-strong jobs report (says 'No')

UBS raised the question ... sometimes just raising the question is worrying enough. To cut to the chase UBS says a rate hike won't happen. - “Overall, we keep our view that the U.S. economy is slowing” - Rate hikes are unlikely, while the report was stronger than expected but is still not enough to warrant any rate hikes in the near future UBS is forecasting an FOMC rate cut in September, then one more cut before year-end. --- The …