UBS On-Air: Market Moves

A wide-ranging conversation on the landscape for broader fixed income investing and credit markets, including performance drivers, risk considerations, and what’s important for investors to focus on. Featured are Matt Brill, Head of North America Investment Grade Credit and Senior Portfolio Manager at Invesco, and Leslie Falconio, Head of Taxable Fixed Income Strategy Americas with the UBS Chief Investment Office.

Oil prices moved to the lows of last Tuesday after a flurry of activity over the weekend. US President Trump called off military strikes against Iran—markets had not priced in military strikes anyway. An oil tanker then appeared to have been attacked near Oman. Trump then said talks with Iran would resume. Markets netted out these events and the optimism bias returned.

AI capabilities are advancing rapidly, supporting long-term demand for intelligence, but the path from innovation to deployment is becoming more uneven. This episode explores how bottlenecks in permitting, power, supply chains, and enterprise adoption could shape returns in the AI value chain, and where investors may find the most durable opportunities in applications and enabling infrastructure.

As the US-Iran conflict widens across the region, Shane updates on this week’s developments and how the conflict could evolve over the near-term. We also discuss what remains for the US Senate to address ahead of the planned summer recess, and whether lawmakers may remain in Washington DC to work through the legislative agenda. Featured is Shane Lieberman, Senior Governmental Affairs Advisor, Governmental Affairs US. Host: Daniel Cassidy

A look at the factors behind the outperformance of emerging market assets over the past year, along with how the rise of AI and semiconductors has changed the nature of the emerging markets asset class. Featured is Alejo Czerwonko, CIO for Emerging Markets Americas, UBS Chief Investment Office. Host: Daniel Cassidy