UBS On-Air: Market Moves
UBS On-Air: Market Moves brings you beyond the highs and lows of the ticker, with conversations that can broaden your thinking about market behavior
Wealth Management Americas
Top of the Morning: CIO Strategy Snapshot - Get Ready (UBS House View)
21:11We kick off the trading week by reviewing the latest UBS House View and positioning recommendations. Jason also weighs whether the Fed’s aggressive commencement of easing signifies a sustained soft landing on the horizon, along with the newly in focus debate over the terminal Fed funds rate. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'Scrambling, not panicking'
02:01There are a few Federal Reserve speakers scheduled, freed from the self-imposed silence that precedes a policy decision. Fed President Bostic, talking specifically on the economic outlook, is likely to attract attention. Markets want to hear that the Fed is scrambling to catch up with falling inflation, not that there is anything wrong with the economy. Fed President Kashkari is speaking on childcare—not immediately market moving, but important. Flexible working has allowed women (who are disproportionately responsible for childcare) to move to better paid jobs.
CIO Fixed Income Roundtable Series: Post-FOMC edition
23:56In the wake of the Fed’s decision to cut interest rates for the first time in four years, the CIO fixed income team spends time reflecting on the policy shift, what to look out for in the months ahead, and what an easing policy environment means for fixed income assets. Featured are Leslie Falconio, Head of Taxable Fixed Income Strategy Americas, along with Senior Fixed Income Strategists’ Barry McAlinden and Frank Sileo, from the UBS Chief Investment Office.
UBS On-Air: Paul Donovan Daily Audio 'Economists versus politicians'
02:11US politics keeps resurrecting ideas from the 1970s—most recently questioning central bank independence. Some economists argue that Federal Reserve Chair Powell is the worst central bank head since Fed Chair Burns (who served US President Nixon). Burns was independent in theory, but not in practice. Former US President Trump suggested this week’s rate cut was political in nature, and that the Fed should be more under his control. US President Biden defended Fed independence yesterday.
Viewpoints with Burkhard Varnholt - A global markets podcast (Ep. 13)
09:47On this week’s episode of Viewpoints, Burkhard reacts to yesterday’s decision by the FOMC to cut interest-rates for the first time in four years, and what this policy move might mean for the economy and markets. We also touch on the implications to the yield-curve, along with global environment for debt, inflation, and market preferences.