It is US employment report Tuesday, with a bowdlerized October report (no household survey) and a rushed November report of dubious quality. Response rates to surveys are already horribly low, and whatever motivates someone to complete a survey most people ignore at a time when the government is shut down suggests that this data is likely to be subject to distortions.

We turn focus to Eurozone equities and highlight positioning considerations heading into 2026, along with risks and headwinds investors should be mindful of. Plus, thoughts on valuations and a look at CIO’s recent upgrade of Eurozone equities. Featured is Matt Gilman, Head, CIO Europe Equity Strategy, UBS Chief Investment Office. Host: Daniel Cassidy

This week, the veil of ignorance shrouding the US economy is lifted a little—but only a little. US employment data (due Tuesday) was already low quality, and that is likely made worse by the effects of the government shutdown. Consumer price data (due Thursday) has been interpolating (or “guessing”) more and more, and has surveyed fewer prices in fewer locations this year.

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 14 December 2025.

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

As we close out the series for 2025, Shane drops by for a Capitol Hill roundup as we cover developments surrounding Congressional votes on healthcare legislation, and the National Defense Authorization Act. Plus, some thoughts on renewed bipartisan efforts to ban Congressional stock trading. Featured is Shane Lieberman, Senior Governmental Affairs Advisor, Governmental Affairs U.S. Host: Daniel Cassidy

Paul drops by for timely reflections on the December FOMC meeting and provides a health-check on the U.S. economy. We also cover upcoming data-points of interest through year-end, along with expectations for monetary policy in 2026. Featured is Paul Hsiao, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy

The Federal Reserve once again mimicked the style of the Bank of England. There were multiple dissents. Governor Miran presumably has a bleak outlook, with his attempts at aggressive rate cuts getting rejected again. Two Fed Presidents voted for unchanged rates, presumably reflecting concern about the rising US cost of living. The dissents suggest the next Fed Chair may have difficulty asserting control over policy, especially if they command less respect in the Fed and markets.

On this week’s episode of Viewpoints, Burkhard talks about the renaissance of European stocks and banks, and spotlights the roaring markets and economies of Portugal, Italy, Ireland, Greece and Spain. Plus, some highlights from a cycling journey which spanned Zurich to the Italian city of Genua.

As 2026 quickly approaches, Paul drops by to discuss what small business owners should know about the policy and macro environment heading into the new year. Plus, a look at considerations when it comes to the potential impacts of Artificial Intelligence to the business environment, and how the dealmaking landscape could further evolve. Featured is Paul Hsiao, Asset Allocation Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy