UBS On-Air: Market Moves

With one source of uncertainty having been removed in the near-term, following last week’s Fed rate hike, there remain other risk factors on the minds of investors. Jason Draho, Head of Asset Allocation Americas from the UBS Chief Investment Office, outlines those risks, shares an outlook for monetary policy, and reviews the latest positioning recommendations from CIO. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Hear from members of the UBS Chief Investment Office fixed income team as they provide a performance and positioning update across fixed income sub-sectors. Featured are Leslie Falconio, Head of Taxable Fixed Income Strategy Americas, along with Senior Fixed Income Strategists’ Letty Zemaitis, Frank Sileo, Sudip Mukherjee, Barry McAlinden & Sangeeta Marfatia, Senior Closed-end Funds Strategist, from the UBS Chief Investment Office.

US average diesel prices broke above USD 6.50 per US gallon for the first time ever. Since January 2025, overall price levels (measured by the consumer price index) are up 4.8%, with motor fuel prices up 17.0%, feeding perceptions of an affordability crisis. US President Trump indicated a willingness to meet with Iranian President Pezeshkian. The rhetoric from both sides remains negative. The US agreement with Denmark on Greenland might be a positive (reframing an existing agreement could be a useful precedent), but limited trust between the US and Iran complicates things.

AI is giving robots new capabilities and attracting larger funding rounds, but rapid progress is also making tomorrow's leaders harder to identify. This episode draws on observations from Silicon Valley to explore the investment opportunities and disruption AI is creating, and the case for physical assets, cybersecurity, and diversification in portfolios.

A monthly discussion around the drivers behind equity market performance, along with the review of notable equity themes, positioning preferences, and a performance outlook. Featured are Jeff Hans, Portfolio Manager, Private Client US Equity, and Dominic Schagar, Investment Specialist, Active Equities with UBS Asset Management.