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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

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The CEO Macro Briefing Book

Insights on AI

Aug 2026

From the boardroom to the dining table, AI has become the default topic, yet most conversations skip the questions that matter for decision-makers. Drawing on our research across the artificial intelligence value chain, TheCEO Macro Briefing Book—Insights on AI provides our clients with a streamlined overview of how AI is being used at work, perceived by bosses and employees, and its influence on the broader economy. 

Featured reports

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Sailing through uncertainty

Jul 2026

Going into the second half of the year, uncertainty remains elevated as businesses and markets anticipate the developments following the midterm elections, Fed policy, and geopolitical events—all while growth is expected to slow. In this edition, the UBS Chief Investment Office discusses the macroeconomic landscape, key policy decisions, and interest rates expectations that may affect business owners.

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Navigating headwinds

May 2026

Growing headwinds are stress testing the reflation regime—but haven’t broken it yet. Growth is holding, and disinflation in some core measures of inflation continue to trend lower, setting up favorable conditions for rate cuts in the second half of the year. AI’s macroeconomic footprint is also growing, and it remains the key driver for dealmaking activity.

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Insights for Dealmakers 

Apr 2026

“The CEO Macro Briefing Book: Insights for Dealmakers” is a special edition of our publication series aimed at business owners and executives. In this edition, UBS Chief Investment Office answers the most pressing questions our clients have regarding M&A, PE, and VC spaces in 2026.

Download the full report

Latest videos

Insights on AI - 19 Aug 2026

Insights on AI

Paul Hsiao breaks down three of the biggest AI trends shaping business today: rising adoption across U.S. companies, the growing gap between executive and employee views on AI, and increasing bipartisan momentum for regulation.

19 Aug 2026  |  2 min watch

Inside the US economy - 24 July 2026

Inside the US economy

The latest Macro Briefing Book examines growth, inflation, rates, and policy risks. UBS's Paul Hsiao explains what business leaders should know as economic conditions continue to evolve.

24 Jul 2026  |  3 min watch

Mind the momentum - 11 Feb 2026

Mind the momentum

UBS CIO discusses how shifting policy, potential market bubbles, and midterm elections could shape the 2026 outlook for business owners and investors.

11 Feb 2026  |  13 min watch

Related podcasts

25 Aug 2026  |  11 min

Top of the Morning: CEO Macro Briefing Book - Insights on AI

This special edition of the CEO Macro Briefing Book presentation series outlines how businesses are embracing AI adoption, the implications of AI usage to operating efficiency, the evolving regulatory and political landscape surrounding AI heading into the US midterm elections, along with the factors behind the recent decline in token price. Featured is Paul Hsiao, Senior Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

28 Jul 2026  |  11 min

Top of the Morning: CEO Macro Briefing Book Q3 update

A quarterly check-up on the US macroeconomic environment, including consumer spending trends, the condition of the labor market, the road ahead for monetary policy, and the current landscape for deal-making. Featured is Paul Hsiao, Senior Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

12 May 2026  |  14 min

Top of the Morning: CEO Macro Briefing Book - Q2 update

Paul Hsiao, Senior Asset Allocation Strategist Americas from the UBS Chief Investment Office, drops by to share highlights from the latest CEO Macro Briefing Book - Paul covers how the landscape for dealmaking and economic environment have evolved in recent months, touches on how business owners should think about the upcoming U.S. midterm elections, along with the road ahead for monetary policy. Plus, an assessment of how artificial intelligence in shaping and impacting economic activity. Host: Daniel Cassidy

6 Apr 2026  |  11 min

Top of the Morning: CEO Macro Briefing Book - Insights for Dealmakers

Paul drops by to update on dealmaking trends and momentum in 2026, along with a look at the impact artificial intelligence is having on the dealmaking landscape. Featured is Paul Hsiao, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Authors

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Jason Draho, Ph.D.

Head of Asset Allocation Americas
Chief Investment Office, GWM

Contact Jason on LinkedIn
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Paul Hsiao

Asset Allocation Strategist Americas
Chief Investment Office, GWM

Contact Paul on LinkedIn
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