Wealth Management Americas
UBS On-Air: Paul Donovan Daily Audio 'Clearly communicating central bank policy'05:02
The Federal Reserve minutes are due, covering the most clearly communicated rate hike in modern history. A commitment to a measured pace of tightening and an awareness of slowing inflation and slowing growth should be evident. There may be some interest in what happens after the summer, with Fed President Bostic implying a pause may be possible.
Top of the Morning: CIO Strategy Snapshot - When does 2022 compare to?14:15
We discuss how investors are drawing comparisons of market conditions here in 2022 to past periods in an effort to inform their market outlook. We also examine the prospects for history to repeat itself, namely what it will take in order to achieve a market recovery. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'European tax cuts'04:46
ECB President Lagarde spoke yesterday. ECB President Lagarde speaking lacks a certain scarcity value, but yesterday’s remarks explicitly suggested that the tax on savers and financial institutions, sometimes known as ‘negative interest rates’, should be lifted by end-September. Moving to zero rates is both a stimulus and a tightening of policy - ending a tax on savers, but possibly increasing a cost for borrowers.
UBS On-Air: Paul Donovan Daily Audio 'Trade trends'04:42
The German ifo business sentiment data is due. People do not want to say they are positive when doom-scrolling through sensationalist media reporting, but are prepared to act more positively when rationally dealing with economic reality. Today’s numbers need to be considered in that context.
Top of the Morning: The week in review and preview20:42
We recap the week that was, plus offer a look at recent performance trends across fixed income markets. We also preview what you can expect in the week ahead and touch on the overall market outlook from the Chief Investment Office. Featured are Frank Sileo and Barry McAlinden, Senior Fixed Income Strategists Americas, UBS Chief Investment Office. Host: Daniel Cassidy