**"US Consumer Fatigue Threatens New Pressure on Stock Markets and Sharp Declines"**
According to Odaily, UBS Investment Bank Chief Strategist Bhanu Bhuja noted that a "clearly fatigued" US consumer is likely to exert further pressure on stock prices, potentially leading to an 8% decline in the S&P 500. Bhuja highlighted warning signs from various indicators, including employment forecasts, spending expectations, and consumer confidence. As analysts revise earnings forecasts for the next three to four months, he expects the S&P 500 to fall to a low of 5,300.