Wealth Management Americas
Washington Weekly Podcast: Israel-Hamas War latest, Remembering Henry Kissinger12:36
With the temporary ceasefire ended, we discuss how the Israel-Hamas War might evolve from here. We also cover some recent developments up on Capitol Hill and reflect on the legacy of late Secretary of State Henry Kissinger. Featured is Shane Lieberman, Senior Governmental Affairs Advisor, Governmental Affairs US. Host: Daniel Cassidy
Top of the Morning: The week in review and preview16:38
We reflect on recent fixed income sector performance and dive into a year-ahead outlook, along with a review of fixed income positioning. Plus, a preview of what you can expect in the week ahead. Featured are Frank Sileo and Barry McAlinden, Senior Fixed Income Strategists Americas, UBS Chief Investment Office. Host: Shiavon Chatman
UBS On-Air: Paul Donovan Daily Audio 'Central banks keep tightening (involuntarily)'04:30
European and US inflation numbers again surprised the markets by coming in lower than expected. The ending of the 2021–22 transitory inflation was very rapid (in the US, durable goods inflation went from record high to deflation within nine months). It may be that the ending of profit-led inflation is similarly fast. This does, of course, mean that real central bank interest rates are rising more rapidly—and the full effect of past monetary tightening has yet to be felt.
UBS On-Air: Paul Donovan Daily Audio 'Consumers use the force'03:52
Yesterday’s German and Spanish consumer price inflation was lower than markets had expected, and the figures fit with the idea that profit-led inflation is coming to an end. Profit-led inflation works until it does not—once consumers realize price increases are less about fairness and more about margin expansion, they use the force of their spending power and form a rebel alliance. Companies then have to scramble to shore up customer loyalty.
Top of the Morning: ‘Select semis’ - Tactical US Equity Theme10:37
Kevin Dennean joins us in-studio to explain the opportunity set behind the new Tactical US Equity Theme, ‘Select semis’, from the UBS Chief Investment Office. We also cover the cyclicality of semiconductor revenue growth, industry risks, current demand trends, and more. Featured is Kevin Dennean, Technology and Communications Services Analyst Americas, UBS Chief Investment Office. Host: Daniel Cassidy