UBS On-Air: Market Moves

Solita Marcelli is first joined by John Savercool, Head of the US Office of Public Policy, to discuss President Biden’s decision to drop out, and the impact on the race and investments. This is followed by a conversation with Justin Muzinich, CEO, Muzinich & Co., and former Deputy Secretary, US Department of the Treasury under former President Trump, discussing the Trump policy agenda and the economic implications coming out of the RNC.

As we close out another trading week, Danny Kessler drops by to reflect on this week’s abundance of Q2 corporate earnings results, notable economic data releases, plus previews what to expect in the week ahead. Featured is Danny Kessler, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Shiavon Chatman

In the wake of Sunday’s announcement from President Biden, Shane outlines what comes next for the Democratic Party and the 2024 election cycle, including what the ticket could look like in the weeks ahead, and the role President Biden will play on the campaign trail. We also examine how the GOP has been responding to the events of the past week, and recap Monday’s Congressional testimony involving former US Secret Service Director Kimberly Cheatle. Featured is Shane Lieberman, Senior Governmental Affairs Advisors, Governmental Affairs US. Host: Daniel Cassidy

Jason Thomas rejoins Jason Draho for a discussion around the US macroeconomic environment, including an outlook for growth, inflation and Fed rate cuts. We also spend time outlining portfolio positioning preferences. Featured are Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office, and Jason Thomas, Head of Global Research & Investment Strategy at The Carlyle Group. Host: Daniel Cassidy

Equity markets exhibited some volatility yesterday. This is not the fault of economists (there was no news of any economic note). The nature of the moves are unlikely to offer any economic signals either.

The US Dollar has been the undisputed global reserve currency for decades, though can this standing sustain? Alejo joins to weigh in on this pressing question, along with shares thoughts on alternative currencies and commodities that can thrive in a more diversified global currency environment. Featured is Alejo Czerwonko, Chief Investment Officer for Emerging Markets Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Assorted business sentiment opinion polls are published, in an otherwise quiet data calendar. This, unfortunately, means that the surveys will get more attention than they deserve because talking heads have little else to talk about. Political polarization and biases in news cycles have depressed sentiment, which has tended to underperform economic reality.

Join Kiran Ganesh, Global Head of Investment Communications, Tom McLoughlin, Head of Fixed Income & Municipal Securities, Nadia Lovell, Senior US Equity Strategist, & Constantin Bolz, FX Strategist.

Tune in monthly to hear from UBS Asset Management’s multi-asset team for thoughts on the global macro environment, and markets.

Tune in monthly to hear from top portfolio managers and business heads from UBS Asset Management’s Muni, Taxable Fixed Income and Liquidity teams. We hear candidly from them on their views on markets and what they believe you should be focused on within the fixed income space.