Perspektiven für Anlegerinnen und Anleger in der Schweiz: Dieser Kanal bietet eine verständliche Einordnung zu aktuellen Markt- und Wirtschaftsentwicklungen sowie zu Anlagethemen und Strategien mit besonderer Relevanz für die Schweiz.
Die House View bietet Ihnen regelmässig die Einschätzungen des UBS Chief Investment Office zu unseren Multi-Asset-Strategien in Bezug auf wirtschaftliche Entwicklungen und Finanzmärkte.
Perspektiven für Anlegerinnen und Anleger in der Schweiz: Dieser Kanal bietet eine verständliche Einordnung zu aktuellen Markt- und Wirtschaftsentwicklungen sowie zu Anlagethemen und Strategien mit besonderer Relevanz für die Schweiz.
UBS On-Air: Paul Donovan Daily Audio 'Market wobbles and economic stability'
AI concerns weakened Asian equity markets, after a data centre’s market launch performed poorly. The fact that one company had such a broad reaction might indicate a degree of investor nervousness. Economists are less concerned—economic wealth effects from the AI story seem modest, and a slowing of real world AI investment might benefit other sectors of the economy.
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19 Oct 2026
Top of the Morning: CIO Strategy Snapshot - Sustainability of the AI trade
Despite Q3 corporate earnings results rolling in, investors over the past week have seemed more focused on the sustainability of the AI trade and cost of funding. Jason Draho, Head of Asset Allocation Americas from the UBS Chief Investment Office, weighs in on the factors that are driving investor sentiment, along with what the inflation and retail sales data reveals about the current macro environment. Plus, thoughts on portfolio positioning. Host: Daniel Cassidy
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19 Oct 2026
Signal Over Noise: Amid neocloud noise, AI demand remains the signal
Rising interest rates are testing the balance sheets of highly levered AI infrastructure providers, but are they weakening the underlying demand for compute? This episode separates financing risk from demand growth and examines why compute pricing remains a critical signal for cloud infrastructure and semiconductor stocks.
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19 Oct 2026
UBS On-Air: Paul Donovan Daily Audio 'Scapegoat economics'
China’s officially reported third quarter GDP growth was 4.5% y/y. That means that this year’s officially reported growth is likely to hit the officially set growth target. However, despite a stronger September China retail sales number, the domestic economy remains lackluster. Exports remain the growth driver. China has been fortunate that US companies have been adept at avoiding some tariffs, though ongoing economic nationalism (a form of scapegoat economics) threatens this pattern of growth.
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18 Oct 2026
Top of the Morning: Fixed Income Strategist - Optics and opportunities
Following what was a challenging quarter for fixed income investors, Leslie Falconio, Head of Taxable Fixed Income Strategy Americas from the UBS Chief Investment Office, reflects on Q3 performance drivers, and shares a performance outlook. We also discuss CIO’s current positioning recommendations across the asset class. Host: Daniel Cassidy
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UBS auf Sendung: House View
UBS auf Sendung: House View
Chief Investment Office
Die House View bietet Ihnen regelmässig die Einschätzungen des UBS Chief Investment Office zu unseren Multi-Asset-Strategien in Bezug auf wirtschaftliche Entwicklungen und Finanzmärkte.
House View Daily | Tech earnings face the returns test
US mega-cap technology companies' earnings should provide fresh evidence of the strength of cloud growth, digital advertising, and AI adoption. Investors will also look for clearer signs of monetization and returns on investment. We remain constructive on the AI opportunity and favor diversified exposure across hyperscalers, high-quality infrastructure beneficiaries, and defensive tech firms.
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19 Oct 2026
House View Daily | AI fundamentals remain robust despite market volatility
Funding pressures are testing the growth model of specialized cloud infrastructure providers, but demand for AI compute remains robust. Resilient semiconductor earnings and rising GPU rental rates support our positive view on the structural growth of AI. We favor well-funded hyperscalers, high-quality beneficiaries of AI spending, and defensive tech names.
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16 Oct 2026
House View Daily | Quality bonds for income and diversification
While bond market volatility may persist, elevated yields and the potential for less Fed tightening than markets expect strengthen the outlook for fixed income. We continue to rate fixed income as Attractive and see quality bonds as a source of income and portfolio stability.
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15 Oct 2026
House View Daily | Higher inflation need not derail US assets
US inflation accelerated more than expected in September, increasing expectations for further Federal Reserve rate hikes. But we do not expect a measured tightening cycle to undermine the positive outlook for US assets. We remain positive on equities and fixed income.
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14 Oct 2026
House View Daily | Semis stumble. Time to reboot expectations?
A sharp sell-off in semiconductor stocks has reignited questions about the durability of the AI trade. But with earnings expectations still strong, cloud growth accelerating, and valuations becoming more attractive, we take this as more of a reset of expectations than a break in the AI thesis.
