UBS On-Air: Market Moves

A look into the interplay and market dynamics of large government debt issuance and AI-related debt fundraising, factors that have been contributing to rising long-end yields, along with positioning preferences within the asset class. Featured are Leslie Falconio, Head of Taxable Fixed Income Strategy Americas, and John Murtagh, Fixed Income Analyst Americas, UBS Chief Investment Office. Host: Daniel Cassidy

After the pandemic, the world’s central banks were subject to a series of unfortunate events: supply chain disruption, a war in Ukraine, profit-led inflation, tariffs, and a war in the Gulf. These one-off events raised inflation, but (bar profit-led inflation) were beyond central bank control. But, when such events become a series, should central banks create deflation elsewhere to offset “one-off” events elsewhere?

As financial markets are back in full swing post the summer holidays, investors are weighing fresh inflation data, health of the labor market, rising oil prices, and a notable upcoming Fed policy meeting. Plus, recent concern over AI safety and implications to the AI trade. Jason Draho, Head of Asset Allocation Americas from the UBS Chief Investments Office, discusses these factors, what it all means for the investment outlook, and how to think about positioning. Host: Daniel Cassidy

China's latest economic data showed a lackluster domestic economy. Retail sales slowed, and were weaker than expected. Domestic investment plunged more than expected. Industrial production is being supported by external demand and China's success in helping US customers avoid tariffs.

Marianna Mamou, Head of Advice Beyond Investing, sheds light on the evolving relationship between women investors and the wealth management industry. We discuss whether there is a need for a different approach when it comes to working with women investors, what to know about the next generation of women investors, and more. Host: Daniel Cassidy