UBS On-Air: Market Moves

As we’re approaching the two-thirds point of the decade, Jason’s starting to think about the finance word of the 2020s - Resilient or Roaring. Plus, reflections on the positive equity market momentum, the health of the U.S. economy, and a review of CIO’s key messages around portfolio positioning. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy

Last week’s Axios newswire report that Iran and the US were “moving towards” a deal have (again) proved to be less than accurate. US President Trump declared Iran’s response to US peace overtures to be “TOTALLY UNACCEPTABLE”. The basic problem for markets remains—reopening the Strait of Hormuz depends on Iran, there is little information about the Iranian government’s position, and information from other sources (including the US) cannot be considered reliable.

After a decade of mega cap dominance reinforced by passive investing, individual stock moves are now much larger than the index and correlations have dropped to near their lowest since 2018. We discuss why it’s now time for active investing versus the passive investing that has dominated the prior decade, and how our transformational innovation opportunities like AI, power and resources, and longevity, provide an opportunity to capture returns above and beyond the indices. Tune in at the start of the trading week for this regular market outlook from Ulrike Hoffmann-Burchardi, Chief Investment Officer Americas and Global Head of Equities. Recorded on 10 May 2026.

After leaving a job, there are options for managing the assets in a former employer's retirement plan. In this episode, we outline those options, including rolling the assets into another retirement plan or an individual retirement account (IRA). Featured are Justin Waring, Head UBS Wealth Way Strategy & Solutions, and Ainsley Carbone, Retirement Strategist with the UBS Chief Investment Office Global Investment Management team. Host: Daniel Cassidy

Andrew Dubinsky, Senior US Economist, joins to highlight his new monthly report US macro: FAQs to forecasts - 10 frequently asked questions as it relates to the US economy. This month we discuss where AI effects are showing up in labor data, the status of the One Big Beautiful Bill Act tax cuts, and what the Fed is watching for that could set up further rate cuts. Host: Daniel Cassidy