Near term, the rise in oil and gas prices are not yet economically threatening (they would need to stay high for longer). Dollar strength may be less about safety, and must partly reflect the need to buy more dollars to pay for oil, gas, or gold.

Following this weekend’s developments in the Middle East (still ongoing), Shane Lieberman, Senior Governmental Affairs Advisor, Jay Dobson, Energy and Utilities Equity Strategist Americas, & Kurt Reiman, Head of Fixed Income Americas, outline what has taken place, how the days and weeks ahead may unfold, and how global markets are responding. We also touch on how markets historically respond during periods of global conflict, the implications of this conflict to energy supply-chain and prices, along with portfolio positioning guidance from the UBS Chief Investment Office. Host: Daniel Cassidy

Events in the Gulf make dramatic viewing. The humanitarian cost of war is always horrible. The economics of the current situation are less dramatic. The inflation consequences depend on a sustained increase in oil price, not a spike. The world has become less oil dependent to produce economic activity. However, the US affordability crisis may be affected—perception rather than reality matters to affordability, and gasoline prices affect inflation perceptions.

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth Management, briefs you on what’s the signal, and what’s just noise in the markets. Recorded on 1 March 2026.

Solita Marcelli, Global Head of Investment Management at UBS GWM, & Henry McVey, Head of Global Macro and Asset Allocation, and CIO of KKR’s Balance Sheet, share their views on the rest of 2026 and beyond, exploring key opportunities and risks across public and private markets. They touch on the impact of artificial intelligence, structural market shifts, the latest developments in private credit, and more.

We discuss how artificial intelligence (AI) is impacting credit markets, along with the drivers behind fixed income sector performance throughout February. Plus, a look at fixed income positioning recommendations. Featured are Leslie Falconio, Head of Taxable Fixed Income Strategy Americas, and Barry McAlinden, Senior Fixed Income Strategist Americas. Host: Daniel Cassidy

The 250 years of US innovation publication series highlights examples of how transformational innovation has been an engine of US economic growth since the nation’s founding. Today, we explore the history and application of the semiconductor and microchip. Featured are Kurt Reiman, Head of Fixed Income Americas, and Kevin Dennean, US Technology & Communications Services Equity Sector Strategist, UBS Chief Investment Office. Host: Daniel Cassidy

Assorted provinces of the Euro empire will be releasing their flash February consumer price inflation data. There is little expectation for any drama in this data. The overall inflation picture in Europe is benign, and there is no real sense of an affordability crisis—for the most part, European policies have not added to inflation, high frequency purchases like food have modest price increases, and electricity prices are even falling (a concept US consumers may struggle to comprehend).

Torsten rejoins Jason to exchange thoughts on the health and direction of the U.S. economy, the road ahead for monetary policy (along with the implications of new Fed leadership), AI disruption, and overall market risk considerations. Featured are Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office, and Torsten Slok, Partner and Chief Economist with Apollo Global Management

The Bank of Korea left rates unchanged, as every economist predicted. There was forward guidance (regrettably, the Bank of Korea likes the Federal Reserve’s fabled “dot plot” approach, and adopted a refined version). This signaled no change in policy for six months, with relatively positive views on economic growth.