Skip Links

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

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.

Featured reports

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

Mind the momentum

Feb 2026

In this edition, the UBS Chief Investment Office outlines the forces underpinning the economic and market momentum pushing activity higher in Q1 2026 as investors brace for any changes in geopolitical and monetary policy ahead of the midterm elections.

10 questions for the year ahead

Dec 2025

After an eventful 2025, markets and clients seem to enter 2026 with a cautious optimism. In this report, we address some of our top client questions through topics ranging from the market impact of AI, potential policy pivots in a midterm election year, and the sustainability of the current economic cycle.

Download the full report

Mind the momentum

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

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

10 Dec 2025 | 13 min

Top of the Morning: CEO Macro Briefing Book - Year Ahead 2026

As 2026 quickly approaches, Paul drops by to discuss what small business owners should know about the policy and macro environment heading into the new year. Plus, a look at considerations when it comes to the potential impacts of Artificial Intelligence to the business environment, and how the dealmaking landscape could further evolve. Featured is Paul Hsiao, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy