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
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.
UBS On-Air: Paul Donovan Daily Audio 'An emergency cut without an emergency'
02:10The US rate-cutting cycle began with a 50bp cut—the sort of move normally reserved for an economic emergency. The US has near full employment, steady consumption, and rising real wages. This is no economic emergency. It is not plausible to claim Federal Reserve Chair Powell knows something economists do not (especially after yesterday’s press conference). The fact that a Fed governor dissented for the first time in 19 years helped reduce the impression of panic.
CIO First Take: September FOMC meeting
13:40Join Jason Draho, Head of Asset Allocation Americas, and Brian Rose, Senior Economist Americas, for thoughts and reflections on the outcome of the September FOMC meeting. Jason also speaks to the market response, and shares CIO’s positioning recommendations. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'The damage of data dependency'
02:46Finally, several months later than it should, the Federal Reserve will cut rates today. Stressing data dependency when data are not dependable has led to this unnecessary delay. The Fed has been lucky the damage has been limited—middle-income borrowers locked in mortgages at absurdly low rates, and real rates for borrowers (deflated by income growth) have not risen too much.
Top of the Morning: Should you harvest capital gains at today’s rate?
15:07Our conversation focuses on considerations around tax management, namely if the capital gains tax rates go higher, does it make sense to harvest capital gains at the lower tax rate today. We also review additional tax changes being proposed that investors should be mindful of. Featured are Ainsley Carbone, Retirement Strategist, and Justin Waring, Senior Total Wealth Strategist, UBS Chief Investment Office. Host: Daniel Cassidy
