UBS On-Air: Market Moves

ECB speaker Rehn suggests two rate cuts, in line with economists' views. Discussion on ECB agenda, UK data releases, political events like French parliamentary election debate, retirement age, and economic benefits of volunteering post-retirement.

Our conversation today focuses on the current election cycle as it relates to the potential impacts of political bias when it comes to financial decision making, and how to navigate accordingly. Featured are Justin Waring, Senior Total Wealth Strategist, and Ainsley Carbone, Retirement Strategist, from the UBS Chief Investment Office. Host: Daniel Cassidy

Guests from UBS Asset Management's Multi-Asset Team discuss the cooling U.S. economy, global growth trends, and expected rate cuts from the ECB in Europe. They highlight positive consumer spending, a balanced labor market, and increasing manufacturing activity.

Jay Dobson is joined by Dave Intoppa for an in-depth conversation about where we are in the energy transition story, including a look at technological innovations, investment considerations, and what to expect in the years (and decades) ahead. Featured are Jay Dobson, Energy and Utilities Sector Strategist Americas, with the UBS Chief Investment Office, and Dave Intoppa, Portfolio Manager, at Newton Investment Management (BNY Investments). Host: Daniel Cassidy

In the absence of interesting data, markets focus on less important things, like politics. France has a political debate between current Prime Minister Attal, Rassemblement National president Bardella, and Nouveau Front Populaire leader Bompard. Presumably they will promise voters everything that they desire, without explaining how it will be paid for. Some plans are estimated to cost two Trusses (4% of GDP of unfunded commitments). The reality of government is likely to moderate such plans.

The podcast features Min Lan Tan, Paul Donovan, and Sundeep Gantori discussing topics like global rate cutting, US election impact on markets, predictions for Asian asset classes, implications of the US election on Asia, and insights on AI investments and valuations.

Jason Draho from UBS discusses pivotal events like the US election and AI's impact on markets. They explore global rate cuts' effects, AI's influence on equity returns, managing market volatility in the 2024 election, and UBS CIO's latest investment preferences, including a focus on Gold and tech exposure.

For this month we focus on the 2024 proxy season, including a review of expectations, a look at some notable trends and themes, along with comparisons to what 2023 delivered. Featured are Amantia Muhedini, Sustainable & Impact Investing Strategist Americas, UBS Chief Investment Office, and Amy O’Brien, Global Head of Responsible Investing with Nuveen. Host: Daniel Cassidy

This week has a lot of politics in it, and markets are rarely that good at pricing political risk. The US presidential debate may make investors pay attention to political risk earlier than is normal in the US political cycle. Because so much attention has focused on the suitability of the candidates for office (rather than their policy positions), this debate might actually matter.

Guest Shane Lieberman, Senior Governmental Affairs Advisor, discusses SCOTUS rulings on US tax, key themes from G7 Summit, and the implications of the Russia-North Korea military pact. Topics include wealth tax legislation, AI, economic security, Russia's actions, and the Russia-Ukraine conflict.