The CEO Macro Briefing Book
The CEO Macro Briefing Book is a quarterly series for our business-owner clients addressing economic, financial, and policy considerations

The CEO Macro Briefing Book 1Q25
Economic strength in a changing environment
Economic strength in a changing environment
The CEO Macro Briefing Book for 1Q25 is a quarterly update to our most recent CEO Macro Briefing Book series. Framed for our business-owner clients, this report is a quarterly assessment of economic conditions, operational considerations, policy, and dealmaking activity.
In this edition, the UBS Chief Investment Office assesses a “roaring” economy at a time of increasing policy uncertainty, with profound implications for the economy and financial markets.

The roaring 20s meets Trump 2.0
The world is embracing the incoming year of the Snake, a time usually marked for change and renewal. For business owners, the post-election environment has been greeted with optimism but what risks can threaten CIO’s "Roaring 20s" thesis?
Other related videos
Top of the Morning: The CEO Macro Briefing Book 1Q25 update
Businesses have greeted the post-election environment with optimism, yet uncertainty remains as questions surround the timing and implementation of Trump 2.0 policies’ interplay with a seemingly more cautious Fed and slowing economy. Paul Hsiao, Asset Allocation Strategist Americas with the UBS Chief Investment Office, joins to discuss the outlook and implications. Host: Daniel Cassidy
Top of the Morning: The CEO Macro Briefing Book 4Q24 update
We spotlight the latest edition of the quarterly UBS CEO Macro Briefing book as we explore how business owners and investors feel about the upcoming US election, the state of the US economy, the course ahead for Fed monetary policy, and more. Featured is Paul Hsiao, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Jason Draho, Ph.D.
Head of Asset Allocation Americas
Chief Investment Office, GWM

Paul Hsiao
Asset Allocation Strategist Americas
Chief Investment Office, GWM