Latest news

  • UBS House View - Daily US Time to lock in some equity profits

    Helped by a shift to more accommodative central bank policy and positive rhetoric surrounding a US-China trade deal, global equities have rallied 18%since their December lows. They are now less than 2% below their all-time peak in US dollar terms (4.5% in local currency terms). more

    • by UBS Editorial Team
    • 22 Mar 2019
  • UBS House View Monthly Letter The debate over Modern Monetary Theory

    "Begun the MMT Wars Have", declared a Bloomberg commentary earlier this month. Likening a debate about economic theory, Yoda-style, to the galactic conflict of Star Wars may seem stranger than science fiction. But the debate about Modern Monetary Theory (MMT) matters for your portfolio. more

    • by UBS Editorial Team
    • 22 Mar 2019
  • Future trends How smart is your city? (Part 2)

    As a companion piece to "How smart is your city?", this article focuses on smart health and smart mobility, along with cybersecurity, which forms the foundation of a smart city. more

    • by UBS Editorial Team
    • 22 Mar 2019
  • Markets Art Cashin - on the markets (3/21)

    Each week, Art Cashin, the Director of Floor Operations at the NYSE for UBS, discusses the latest news and events impacting the markets. This week: A recap of the FOMC policy meeting and Fed Chair Jerome Powell's press conference, an update on Brexit and trade developments, a recap of notable economic indicators and what's on tap for next week. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Intellectual Capital Blog Fixed Income: The Fed goes (more) dovish

    The Fed has lowered the infamous "dot plot" by two interest rate hikes in 2019 and 2020. This has resulted in the Fed expecting zero rate hikes in 2019 and only one in 2020. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Fixed income More than enough opportunity in the Tax bucket

    Generally speaking, we conclude that munis provide meaningful tax advantages compared to taxable debt (after-tax) at the five year maturity point and beyond. By contrast, their value is more limited at the front part of the curve but still exceeds the taxable alternatives. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Global Risk Radar In search of a trade agreement

    With markets gradually pricing in a Sino-US trade deal, a breakdown in negotiations would lead to a reversal of the recent equity rebound. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • UK Brexit: An extension and then what?

    UK Prime Minister Theresa May's request for a three month extension of the Article 50 deadline has reportedly been rejected by the EU27, with EU ambassadors last night agreeing that the new withdrawal date should be no later than 22 May. But even if this is being agreed, little is known about what will happen if MPs reject the Brexit deal for a third time. CIO advises investors to be cautious. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Long-term Investing Space Tourism: Ready for blast-off?

    Do you dream of blasting off from Earth to orbit the planet, or wonder what it would be like to take a trip to the moon? While this was a pipe dream in the past, you may be able to hitch a ride to space sooner than you think. more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Economy Dovish surprise from FOMC

    The Federal Open Market Committee left US interest rates unchanged, in line with expectations. The FOMC statement noted slower growth in household spending and business investment, but there was no change to the remaining text, including this key phrase: "the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate." more

    • by UBS Editorial Team
    • 21 Mar 2019
  • Retirement planning Moving the goalposts

    By identifying where your "spending floor" is ahead of time, you can more proactively prepare your options and plan a strategy that stays inbounds. more

    • by UBS Editorial Team
    • 20 Mar 2019
  • Healthcare Are drug investors underestimating political risk?

    It seems early to be thinking about the 2020 US presidential election. However, investors in the pharma and biotech sectors may have already noticed a number of Congressional hearings focused on drug pricing, and we expect more news on the topic as more Democratic hopefuls declare their candidacies. more

    • by UBS Editorial Team
    • 20 Mar 2019
  • UBS House View - Daily US FOMC: What does patient really mean?

    Global equities have rallied 18% since their December lows, helped in large part by a shift to a more accommodative central bank policy stance led by the Federal Reserve. more

    • by UBS Editorial Team
    • 20 Mar 2019
  • House View - Deeper dive Noisy trade rhetoric obscures the bigger battle

    Rhetoric in the US-China trade dispute continues to be confusing and contradictory. Our base case is still that a partial agreement will be reached, and some near term de-escalation of the tariff issue is achieved. more

    • by UBS Editorial Team
    • 19 Mar 2019
  • Sustainable investing Climate action can start in your portfolio

    Tens of thousands of school students across more than 100 countries skipped class on 15 March in a global protest against insufficient action to mitigate climate change. more

    • by UBS Editorial Team
    • 19 Mar 2019
  • UBS House View - Daily US Yet more Brexit political theater

    Citing a four-century old law, UK House of Commons Speaker John Bercow on Monday called into question a third parliamentary vote for UK Prime Minister Theresa May’s twice-rejected Brexit plan on the grounds that it was the “same in substance” as a previously tabled motion. more

    • by UBS Editorial Team
    • 19 Mar 2019
  • House View Cash ain't trash… but it sure ain't equity, either

    I bristle at the dismissive attitude that some have adopted toward cash within portfolios, so the phrase "cash is trash" has always puzzled me. It conjures up images of portfolio managers discarding bundles of greenbacks along with week-old newspapers and empty Amazon boxes. more

    • by UBS Editorial Team
    • 18 Mar 2019
  • UBS House View - Daily US Mueller's report may not be special for markets

    There is increasing speculation that US Special Counsel Robert Mueller is about to release his long-awaited report investigating alleged links between President Trump's campaign and Moscow in the run-up to the 2016 election. And late last week the US House of Representatives voted 420-0 in favor of a non-binding resolution to release Mueller's findings to Congress and the public. more

    • by UBS Editorial Team
    • 18 Mar 2019