The world’s largest wealth manager explains how the Fed has completely altered how the stock market works — and says the S&P 500 can climb another 9% by next June

· *The Federal Reserve's unprecedented monetary easing decoupled the stock and Treasury markets, but it might play right into investors' hands, Mark Haefele, chief investment officer at UBS, said Thursday.*
· *Treasury yields typically rise when stocks do, but the Fed's forecast of near-zero rates lasting for years led...