UBS On-Air: Market Moves

Top of the Morning: US Financials - Sector update & outlook

09 Oct 2025

Contributed by Lukas

We cover a range of sector-related topics, spanning concerns over subprime consumer credit and private credit, a preview of the upcoming Q3 earnings s...

UBS On-Air: Paul Donovan Daily Audio 'Policy discussion in a data vacuum'

09 Oct 2025

Contributed by Lukas

French politicians have been doing politics. This week’s prime minister, Lecornu, has suggested that a majority of national assembly members favor s...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 47)

08 Oct 2025

Contributed by Lukas

On this week’s episode of Viewpoints, Burkhard acknowledges the third birthday of the current bull market and explains whether the bull has further ...

UBS On-Air: Paul Donovan Daily Audio 'How bouncy is the bounce back?'

08 Oct 2025

Contributed by Lukas

Economists traditionally do not worry too much about the growth impact of US government shutdowns, as the short-term loss of economic output tends to ...

Across the Pond: Dream Home or Bubble Trouble?

07 Oct 2025

Contributed by Lukas

Buying a second property overseas is dream for many. But can it also make financial sense? Our latest survey of global property provides a deep dive o...

UBS On-Air: Paul Donovan Daily Audio 'French lettuce?'

07 Oct 2025

Contributed by Lukas

French Prime Minister Lecornu resigned, but will work for 48 hours—President Macron wants Lecornu to find a fiscal solution that would command Natio...

Top of the Morning: CIO Strategy Snapshot - What’s driving the markets?

06 Oct 2025

Contributed by Lukas

Jason drops by the studio to explain why markets recently have continued their move higher, despite the ongoing U.S. government shutdown and missing e...

UBS On-Air: Paul Donovan Daily Audio 'Pro-growth policies?'

06 Oct 2025

Contributed by Lukas

The Liberal Democratic Party of Japan elected former economic security minister Takaichi as its leader, and thus Prime Minister-presumptive. Takaichi ...

Signal over Noise with Ulrike Hoffmann-Burchardi

05 Oct 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

Navigating 529 Plans in New York and the Tri -State Area

04 Oct 2025

Contributed by Lukas

Join Isaac Chota, 529 Product Manager at UBS, and special guest Kristia Adrian, Executive Director at JP Morgan and 529 specialist, as they break down...

Top of the Morning: State of the U.S. economy & Fed monetary policy

03 Oct 2025

Contributed by Lukas

As the U.S. government shutdown continues, we examine the implications of a prolonged shutdown to economic activity. Plus, thoughts on the health of ...

UBS On-Air: Paul Donovan Daily Audio 'Not employment report Friday'

03 Oct 2025

Contributed by Lukas

Today is US employment report Friday—except it is not, because of the impenetrable fog of US government shutdown. As low fear of unemployment is a c...

Fixed Income Conversation Corner with Dan Hyman (PIMCO) and Leslie Falconio (UBS CIO)

02 Oct 2025

Contributed by Lukas

Our conversation outlines the current landscape for fixed income investors, and where to locate opportunity within the asset class. We also touch on ...

UBS On-Air: Paul Donovan Daily Audio 'Losing jobs'

02 Oct 2025

Contributed by Lukas

The US government shutdown continues—Senate Republicans failed to pass their measure to end it. US President Trump indicated some federal government...

Washington Weekly Podcast: Government shutdown, U.S. Drug Pricing

01 Oct 2025

Contributed by Lukas

As the U.S. government has entered a shutdown, Shane drops by to explain the scope of impact, along with next steps with respect to negotiations. Plu...

Top of the Morning: Emerging markets - performance meets diversification

01 Oct 2025

Contributed by Lukas

Alejo rejoins the podcast to discuss why the Fed’s current rate-cutting cycle is so important for emerging market investors. We then highlight comp...

UBS On-Air: Paul Donovan Daily Audio 'Through the keyhole'

01 Oct 2025

Contributed by Lukas

The US Congress failed to either change the rules or come to an agreement to avert a government shutdown. Economists now lack official economic data f...

Top of the Morning: CIO Strategy Snapshot - Assessing the data

30 Sep 2025

Contributed by Lukas

Coming off a busy week of economic data releases, and with the September employment report due out in just days, Jason shares thoughts around what rec...

UBS On-Air: Paul Donovan Daily Audio 'Growth and guessing'

30 Sep 2025

Contributed by Lukas

The final guess at UK second quarter GDP led to some modest increases in growth—cementing the UK’s position as the fastest growing G7 economy year...

Back to School on the Markets with Jeffrey Gundlach, Founder, DoubleLine Capital

29 Sep 2025

Contributed by Lukas

Tune in for the annual UBS Studios fireside chat on the current market and macro environment, including thoughts around the economic impacts of artifi...

UBS On-Air: Paul Donovan Daily Audio 'Paying for government'

29 Sep 2025

Contributed by Lukas

Current French Prime Minister Lecornu outlined their policy intentions, if they remain in power. A 4.7% GDP deficit target, no public holidays to be a...

Signal over noise with Ulrike Hoffmann-Burchardi

28 Sep 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

How should I be positioned? with Cliff Asness (AQR) and Jason Draho (UBS CIO)

26 Sep 2025

Contributed by Lukas

Cliff joins Jason at the 1285 podcast studio in New York to cover a wide-range of topics, including the growing impacts of electronic trading to finan...

UBS On-Air: Paul Donovan Daily Audio 'National security vanities'

26 Sep 2025

Contributed by Lukas

Social media posts from US President Trump overnight indicate a series of new trade tariffs. US buyers of foreign vanity units, soft furnishings, etc....

CIO Fixed Income Roundtable Series: Performance update & outlook

25 Sep 2025

Contributed by Lukas

Hear from members of the UBS Chief Investment Office fixed income team as they provide a performance and positioning update across fixed income sub-se...

UBS On-Air: Paul Donovan Daily Audio 'A US day today'

25 Sep 2025

Contributed by Lukas

The US releases revised second quarter GDP data. The market consensus is for no change (given data quality problems, “no change” in the details ma...

Meet Ulrike Hoffmann-Burchardi, CIO Americas and Global Head of Equities

24 Sep 2025

Contributed by Lukas

On 1 July Ulrike Hoffmann-Burchardi assumed the role of Chief Investment Officer Americas, while continuing as Global Head of Equities for UBS Wealth ...

UBS On-Air: Paul Donovan Daily Audio 'Adding uncertainty in uncertain times'

24 Sep 2025

Contributed by Lukas

Yesterday saw some increase in macro uncertainty, in case investors thought the world was getting predictable. US President Trump’s comments on Ukra...

Top of the Morning: POTUS 47 - Banking on regulatory reform

23 Sep 2025

Contributed by Lukas

We examine regulatory reforms being implemented by the Trump administration to the US banking sector, including a look at potential changes to capital...

UBS On-Air: Paul Donovan Daily Audio 'Quite like old times'

23 Sep 2025

Contributed by Lukas

Federal Reserve Chair Powell is to speak on the economic outlook at the Greater Providence Chamber of Commerce. The outlook is not likely to stray far...

Top of the Morning: CIO Strategy Snapshot - What’s next for rate cuts?

22 Sep 2025

Contributed by Lukas

Jason drops by the studio to reflect on last week’s FOMC rate decision and market response. We then discuss expectations for rate cuts through the ...

UBS On-Air: Paul Donovan Daily Audio 'More policy insights'

22 Sep 2025

Contributed by Lukas

South Korean exports fell in the first part of September (when adjusting for the number of working days). Exports to the US and China (which often ult...

Signal over noise with Ulrike Hoffmann-Burchardi

21 Sep 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

Washington Weekly Podcast: UK state visit, Privatizing GSEs, Government funding

19 Sep 2025

Contributed by Lukas

Shane drops by to recap this week’s UK state visit by President Trump and a variety of economic agreements that were announced. We also cover effor...

Top of the Morning: Investing in China & EM Equities - Themes, opportunities, risks

19 Sep 2025

Contributed by Lukas

Xingchen rejoins to cover three key themes for China investors to watch, followed by investment opportunities, including China tech. We then explore ...

Top of the Morning: Fixed Income Strategist - Pushing the boundaries

19 Sep 2025

Contributed by Lukas

Leslie joins in-studio to provide a fixed income performance update and outlook, including thoughts on how fixed income markets could respond to Fed r...

UBS On-Air: Paul Donovan Daily Audio 'Quantities of money'

19 Sep 2025

Contributed by Lukas

Yesterday, French protestors took to the streets over the last government’s proposed spending cuts. This makes good social media content, and confir...

UBS AI Podcast - CEO Series - Ep. 5 (Winston Weinberg, CEO of Harvey)

18 Sep 2025

Contributed by Lukas

The UBS AI Podcast explores the fascinating and evolving world of artificial intelligence, how it's transforming industries, redefining what's...

UBS On-Air: Paul Donovan Daily Audio 'Weaker employment > stronger inflation'

18 Sep 2025

Contributed by Lukas

The Federal Reserve performed as expected—a quarter point rate cut and signals of more to come. The weakening US labor market is prioritized over on...

Top of the Morning: POTUS 47 - Latest on US trade policy & government funding talks

17 Sep 2025

Contributed by Lukas

Kurt rejoins in studio to share the latest on US trade policy (and potential paths forward) following the recent US federal appeals court ruling. We ...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 46)

16 Sep 2025

Contributed by Lukas

On this week’s episode of Viewpoints, fresh off a recent trip to Uganda, Burkhard reflects on his travel notes and connection to country. We also o...

Across the Pond: Political gridlock at the heart of Europe

16 Sep 2025

Contributed by Lukas

France has just installed its fifth prime minister in just two years, after another government lost a vote of confidence over its efforts to cut the n...

UBS On-Air: Paul Donovan Daily Audio 'What difference does it make?'

16 Sep 2025

Contributed by Lukas

The US courts have confirmed Fed Governor Cook will participate in tomorrow’s policy decision. The US Senate has confirmed Council of Economic Advis...

Top of the Morning: CIO Strategy Snapshot - All eyes on the Fed

15 Sep 2025

Contributed by Lukas

Jason returns following a brief late-summer hiatus to share thoughts on recent market performance, expectations for this week's FOMC meeting, and ...

UBS On-Air: Paul Donovan Daily Audio 'The Fed and the future'

15 Sep 2025

Contributed by Lukas

Investors await this week’s Federal Reserve meeting, less for the decision (a cut is expected) and more for signals about the Fed’s worries for th...

Ahead of the curve with Ulrike Hoffmann-Burchardi

14 Sep 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

Washington Weekly Podcast: Government Funding, Private Sector equity stakes, & more

12 Sep 2025

Contributed by Lukas

Shane drops by to update on government funding efforts ahead of the upcoming shutdown deadline, along with efforts in the Senate around the National D...

UBS On-Air: Paul Donovan Daily Audio 'Price perception problems'

12 Sep 2025

Contributed by Lukas

The August US consumer price inflation data was not surprising. Durable goods prices continue to rise—after 29 months of deflation, their inflation ...

UBS On-Air: Paul Donovan Daily Audio 'Pricing data shaping policy expectations'

11 Sep 2025

Contributed by Lukas

US official producer price inflation data was weaker than expected, but the details presented an interesting story. US assembled computers, electronic...

UBS On-Air: Paul Donovan Daily Audio 'Details matter'

10 Sep 2025

Contributed by Lukas

Geopolitics is making headlines, but is generally ignored by markets. Israel’s air strike in Qatar moved the oil price a small amount, but investors...

UBS On-Air: Paul Donovan Daily Audio 'Aprés nous, le déluge?'

09 Sep 2025

Contributed by Lukas

French Prime Minister Bayrou is expected to resign, having lost a parliamentary vote of confidence related to fiscal proposals. Assuming someone can b...

Ahead of the curve with Ulrike Hoffmann-Burchardi

07 Sep 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

UBS On-Air: Paul Donovan Daily Audio 'Payrolls without precision'

05 Sep 2025

Contributed by Lukas

US August employment data is due. Falling survey response rates, rising complexity, and less funding for data collection have caused data quality to d...

UBS On-Air: Paul Donovan Daily Audio 'Beige or red flags?'

04 Sep 2025

Contributed by Lukas

The Federal Reserve has to decide policy based on how far it believes labor markets will weaken, how high inflation will go, and whether higher inflat...

UBS On-Air: Paul Donovan Daily Audio 'A gilded age'

02 Sep 2025

Contributed by Lukas

Gold prices hit a new record overnight. The gold rally has its foundations in central bank accumulation. Central banks that hold gold still hold a dol...

Ahead of the curve with Ulrike Hoffmann-Burchardi

01 Sep 2025

Contributed by Lukas

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for...

UBS On-Air: Paul Donovan Daily Audio 'The rate debate'

29 Aug 2025

Contributed by Lukas

US July personal income and spending data is due. The middle income consumers’ relatively strong starting point for the year has helped to sustain c...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 45)

28 Aug 2025

Contributed by Lukas

On this week’s episode of Viewpoints, Burkhard reflects on and share takeaways from his UBS summits on longevity, and shares perspective around the ...

UBS On-Air: Paul Donovan Daily Audio 'The politics of debt'

28 Aug 2025

Contributed by Lukas

The US provides another official estimate of second-quarter GDP. These numbers will be revised further in the future. Policy expectations distorted d...

Talking Markets Podcast with Apollo Lupescu of Dimensional Fund Advisors

27 Aug 2025

Contributed by Lukas

Apollo Lupescu is a Vice President at Dimensional Fund Advisors. We cover a wide range of top of mind topics for investors, including a look at the U...

UBS On-Air: Paul Donovan Daily Audio '50% on'

27 Aug 2025

Contributed by Lukas

US taxes on Indian imports doubled to 50%. US importers should pay the old tax rate on goods already en route to the US, delaying the effect. With ful...

Top of the Morning: CIO Strategy Snapshot - Jackson Hole takeaways

26 Aug 2025

Contributed by Lukas

Jason reflects on last week’s Jackson Hole Symposium, and speech delivered by Fed Chair Powell - we discuss what the speech suggests about the road ...

UBS On-Air: Paul Donovan Daily Audio 'Scapegoating the Federal Reserve'

26 Aug 2025

Contributed by Lukas

US President Trump issued a letter purporting to fire Federal Reserve Governor Cook—an unprecedented action. After recent comments, investors will i...

UBS On-Air: Paul Donovan Daily Audio 'A standard Powell speech'

25 Aug 2025

Contributed by Lukas

Federal Reserve Chair Powell’s speech at Jackson Hole last week was classic Powell. That is not a terribly good thing. Powell signaled an increased ...

Ahead of the curve with Ulrike Hoffmann-Burchardi

25 Aug 2025

Contributed by Lukas

Tune in every Monday morning ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth ...

Talking Markets Podcast with Dan Peris of Federated Hermes

22 Aug 2025

Contributed by Lukas

Dan Peris is a Senior Portfolio Manager, and Head of the Income and Value Group at Federated Hermes and has authored several books that are focused on...

UBS On-Air: Paul Donovan Daily Audio 'A reluctant defense of Powell'

22 Aug 2025

Contributed by Lukas

In my view, central bank policy would have been better served had US President Trump extended former Fed Chair Yellen's term instead of appointing...

UBS On-Air: Paul Donovan Daily Audio 'In what can we trust?'

21 Aug 2025

Contributed by Lukas

The Federal Reserve meeting minutes offered no surprise—a majority of members thought inflation a bigger threat than unemployment, which was obvious...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 44)

20 Aug 2025

Contributed by Lukas

On this week’s episode of Viewpoints, Burkhard reflects on last Friday’s Alaska summit and how investors should link about peace efforts for Ukrai...

UBS On-Air: Paul Donovan Daily Audio 'Inflation, disinflation, and deflation'

20 Aug 2025

Contributed by Lukas

The UK actually managed to publish some data without delay or suspension. July inflation rates were slightly higher than expected, although disinflati...

UBS On-Air: Paul Donovan Daily Audio 'Nothing'

19 Aug 2025

Contributed by Lukas

The global data calendar is unusually empty today, allowing investors a chance to speculate idly without any substantial information. This is particul...

Top of the Morning: CIO Strategy Snapshot - Data concerns of a different sort

18 Aug 2025

Contributed by Lukas

Jason drops by to reflect on the recent July inflation prints and what the data suggests about the inflationary environment in the US. We also addres...

UBS On-Air: Paul Donovan Daily Audio 'Wars and trade wars'

18 Aug 2025

Contributed by Lukas

Market reactions to Friday’s events in Alaska are likely to be muted. The Russia-Ukraine war is not producing many market significant outcomes. Whil...

Ahead of the curve with Ulrike Hoffmann-Burchardi

18 Aug 2025

Contributed by Lukas

Tune in every Monday morning ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth ...

Fixed Income Conversation Corner with Scott DiMaggio (AllianceBernstein) and Leslie Falconio (UBS CIO)

15 Aug 2025

Contributed by Lukas

Our conversation outlines the current landscape for fixed income investors, and where to locate opportunity within the asset class. We also touch on ...

UBS On-Air: Paul Donovan Daily Audio 'Up and down the supply chain'

15 Aug 2025

Contributed by Lukas

While official US July producer price inflation numbers were higher than expected, the signs of the progression of trade taxes were as expected. Suppl...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 43)

14 Aug 2025

Contributed by Lukas

On this week’s episode of Viewpoints, Burkhard shares thoughts on how key forces such as the labor market, inflation, and political pressure are sha...

UBS On-Air: Paul Donovan Daily Audio 'Stories versus reality'

14 Aug 2025

Contributed by Lukas

UK second-quarter GDP was stronger than expected. The numbers will of course be subject to revision (and lots of revision), but for the time being thi...

Top of the Morning: POTUS 47 - Another brick in the tariff wall

13 Aug 2025

Contributed by Lukas

Kurt rejoins in-studio for the latest POTUS 47 update where we discuss the developments surrounding US trade policy, concerns over Fed autonomy, and g...

UBS On-Air: Paul Donovan Daily Audio 'Seeping taxes, suspending data'

13 Aug 2025

Contributed by Lukas

Yesterday’s July US consumer price inflation data showed trade taxes seeping into prices. US appliance prices are higher than in March—in most oth...

Top of the Morning: Fixed Income Strategist - Back to school prep

12 Aug 2025

Contributed by Lukas

In this month’s Fixed Income Strategist, we review foundational elements of the fixed income market and outline rationale for maintaining a diversif...

UBS On-Air: Paul Donovan Daily Audio 'Can US inflation be hedged? '

12 Aug 2025

Contributed by Lukas

US July consumer price inflation is due. The details will show more of the April trade taxes seeping into consumer prices—although a 10% tariff equa...

Top of the Morning: CIO Strategy Snapshot - Macro thoughts

11 Aug 2025

Contributed by Lukas

As markets continue to shrug off risk factors, Jason shares thoughts on the current environment and how to position within. We discuss the week’s n...

UBS On-Air: Paul Donovan Daily Audio 'A chaotic trade tax process'

11 Aug 2025

Contributed by Lukas

The US administration has promised to clarify “misinformation” about trade taxes on gold following an official ruling from customs officials sugge...

Ahead of the curve with Ulrike Hoffmann-Burchardi

11 Aug 2025

Contributed by Lukas

Tune in every Monday morning ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth ...

House Call: Talking Equity Markets with UBS Asset Management

08 Aug 2025

Contributed by Lukas

Join Jeremy Zirin, Senior Portfolio Manager and Head of the Private Client US Equity Team with UBS Asset Management, as he shares a performance update...

UBS On-Air: Paul Donovan Daily Audio 'All that’s gold does not glitter'

08 Aug 2025

Contributed by Lukas

The Financial Times reports that the US has declared imports of one kilogram and 100 ounce bars of gold are subject to trade taxes. If true, US citize...

Top of the Morning: Preferred yields not wilting in the market heat

07 Aug 2025

Contributed by Lukas

A look at the performance landscape and outlook for preferred securities through 2H25, including a review of sector risks and opportunities. Featured...

UBS On-Air: Paul Donovan Daily Audio 'Trading around the US'

07 Aug 2025

Contributed by Lukas

US manufacturers live in confusing times. Alongside the widespread increases in taxes on imports that took effect this morning, US President Trump sug...

Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 42)

06 Aug 2025

Contributed by Lukas

On this week’s episode of Viewpoints, Burkhard shares thoughts on a range of timely topics, including ongoing tariff negotiations, July US payroll d...

Top of the Morning: CEO Macro Briefing Book - Themes for 2H25

06 Aug 2025

Contributed by Lukas

Paul drops by the studio to outline the key themes that business owners should be mindful of throughout 2H25. We also cover the evolving macroeconomi...

UBS On-Air: Paul Donovan Daily Audio 'Domestic demand drivers'

06 Aug 2025

Contributed by Lukas

There is apparently a shortlist of four for the position of next governor of the Federal Reserve, and prospective nominee to be chair of the board of ...

Top of the Morning: The lines separating developed and emerging markets are blurring

05 Aug 2025

Contributed by Lukas

What differentiates an emerging market from a developed one? Alejo drops by the studio to explain, as the lines separating developed and emerging mar...

UBS On-Air: Paul Donovan Daily Audio 'The bigger picture on trade'

05 Aug 2025

Contributed by Lukas

The US June trade balance is due—measuring both goods and services. For some bilateral relationships (e.g. trade with the EU), the US goods deficit ...

Across the Pond: What a weaker greenback means for global investors

04 Aug 2025

Contributed by Lukas

The US dollar has suffered its sharpest first-half decline in over 50 years, raising questions about its safe-haven status and long-term dominance. We...

Top of the Morning: CIO Strategy Snapshot - Where to from here?

04 Aug 2025

Contributed by Lukas

Coming off what was an eventful week for investors (in unexpected ways), and combined with a notable selloff in US equities, Jason drops by to weigh i...

UBS On-Air: Paul Donovan Daily Audio 'Fragility'

04 Aug 2025

Contributed by Lukas

Last Friday’s US employment report revisions were in line with a fragile labor market narrative. The story is still “not hiring, not firing.” Fa...

Ahead of the curve with Ulrike Hoffmann-Burchardi

04 Aug 2025

Contributed by Lukas

Tune in every Monday morning ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth ...

Top of the Morning: July Jobs Report, FOMC takeaways, & the week ahead

01 Aug 2025

Contributed by Lukas

We close out a busy macro week by examining the current health of the US labor market, and what the July Jobs Report might mean for the course of mone...

UBS On-Air: Paul Donovan Daily Audio 'The taxation burden descends'

01 Aug 2025

Contributed by Lukas

The global economy is reverberating with the dull thud of the yoke of taxation dropping onto the shoulders of US consumers. These taxes do not show up...