UBS On-Air: Market Moves brings you beyond the highs and lows of the ticker, with conversations that can broaden your thinking about market behavior
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Oct 2, 2026 · 14:37
Housing affordability is under pressure across many major cities. Yet the UBS Global Real Estate Bubble Index 2026 shows that housing markets are following increasingly different…
Oct 2, 2026 · 5:35
The US employment report has a wide range of estimates around the payrolls data. This is not surprising—labor market data precision is challenged by low response rates and…
Oct 1, 2026 · 15:38
Xingchen Yu, Senior Investment Strategist from the UBS Chief Investment Office, shares reflections from his latest trip to China, where AI ambition and seamless digital…
Oct 1, 2026 · 7:01
The important point from yesterday’s US data was not the larger-than-expected downward pressures on reported inflation—these are technical changes that US consumers do not…
Sep 30, 2026 · 5:36
UK second quarter GDP was revised stronger, as new methods reveal how much new economic activity has been missed from the data. Rising real disposable incomes encouraged a rise…
Sep 29, 2026 · 14:25
The rise in treasury yields continues to be top of mind for investors - Jason Draho, Head of Asset Allocation Americas from the UBS Chief Investment Office, explains why they’re…
Sep 29, 2026 · 5:24
Bond yields and oil prices continue their close relationship. Central banks are supposed to look through an oil price shock as being beyond their control. However, if central…
Sep 28, 2026 · 10:44
Following what was a busy week in both New York and Washington DC, Shane drops by to share some takeaways and reflections on the UN General Assembly, along with the three-day…
Sep 28, 2026 · 9:33
In the wake of the September FOMC rate-hike, we discuss the implications of a Fed hiking cycle to emerging market assets, including equities and fixed income. We also cover the…
Sep 28, 2026 · 5:05
China and the US agreed to lower tariffs on USD 30bn of each other’s products. China’s consumers will pay lower taxes when buying camels from the US. US anglers face lower taxes…
Sep 28, 2026 · 5:51
AI is advancing quickly, but turning that progress into profits depends on more than better models, with infrastructure availability and business adoption increasingly shaping…
Sep 25, 2026 · 42:59
A fireside chat featuring Jeffrey Gundlach, Chief Executive Officer, Chief Investment Officer and Founder of DoubleLine Capital, hosted by Solita Marcelli, UBS Global Head of…
Sep 25, 2026 · 11:25
On this week’s episode, we catch up with Burkhard following his recent visit to Uganda and Ghana as he shares how economic and business development and investment is influencing…
Sep 25, 2026 · 5:21
US Treasury Secretary “House” Bessent faces something of a housing problem. Despite Bessent’s efforts, US mortgage rates rose above 7% yesterday. The exact level is not important…
Sep 24, 2026 · 5:19
US 10-year Treasury bond yields moved sharply above 5%, and the USDJPY exchange rate is back above 158. US Treasury Secretary “House” Bessent seems to be demonstrating the house…
Sep 23, 2026 · 5:01
Markets have not fully regained their earlier optimism bias, but are a little more cheerful. Yesterday, US President Trump signed an agreement essentially reaffirming the status…
Sep 22, 2026 · 13:42
Open enrollment season is right around the corner, and for many employees, that means making decisions about healthcare, insurance, retirement savings, and other workplace…
Sep 22, 2026 · 21:12
This month’s episode focuses on investing in global transitions, bringing together experts from UBS Global Wealth Management and AGF. Featured are Melissa Amler, Senior…
Sep 22, 2026 · 5:58
Gulf states, meeting on the fringes of the United Nations gathering, have suggested peace talks between Iran and the US are not progressing. Markets are not, perhaps, too…
Sep 21, 2026 · 15:51
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,…
Sep 21, 2026 · 29:33
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…
Sep 21, 2026 · 6:27
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%,…
Sep 21, 2026 · 5:55
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…
Sep 20, 2026 · 14:36
A monthly discussion around the drivers behind equity market performance, along with the review of notable equity themes, positioning preferences, and a performance outlook.…
Sep 20, 2026 · 11:22
Amidst growing concerns over AI safety, Shane shares how the topic is currently being discussed and debated amongst Washington lawmakers. We also highlight the recent passage of…
Sep 18, 2026 · 18:30
Join David Lefkowitz, Head of Equities Americas, each month for a look at the factors that are driving performance across US equities. We also cover risk considerations, thematic…
Sep 18, 2026 · 5:49
The Bank of Japan raised rates, as expected. The decision was not unanimous, causing a modest market reaction. The yen has weakened—yelling “house” like a grandmother in a bingo…
Sep 17, 2026 · 11:03
Following this week’s highly anticipated FOMC meeting, Andrew Dubinsky, US Economist from the UBS Chief Investment Office, drops by the studio to share takeaways and reflections…
Sep 17, 2026 · 5:28
Yesterday’s unanimous vote in favor of a US interest rate increase could be interpreted as defiance against political interference. Having raised once, the Federal Reserve is…
Sep 16, 2026 · 16:01
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,…
Sep 16, 2026 · 6:46
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…
Sep 15, 2026 · 17:33
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…
Sep 15, 2026 · 5:59
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…
Sep 14, 2026 · 12:00
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…
Sep 14, 2026 · 7:19
The recently reported AI-assisted solution to the Navier–Stokes problem points to AI’s broadening role in frontier scientific research, raising the question of where faster…
Sep 11, 2026 · 25:37
Political polarization is testing Europe’s established parties and confronting markets with the prospect of larger policy shifts. Germany’s regional elections have brought the…
Sep 11, 2026 · 12:29
This week, Shane talks about recent developments surrounding Missouri’s redistricting efforts, recaps President Trump’s keynote address at GOP midterm convention, and reflects on…
Sep 11, 2026 · 5:33
It is a sad comment on the quality of communication by the US central bank that a single US consumer price inflation number can have so much sway over policy expectations. Single…
Sep 10, 2026 · 6:09
The ECB is almost certain to repeat its earlier policy rate error and unnecessarily raise interest rates. There is unlikely to be any inflation or economic growth impact, but a…
Sep 10, 2026 · 10:37
Sunny Mehra, Consumer Strategist Americas with the UBS Chief Investment Office, drops by to provide a health check on the US consumer, including a look a recent spending trends…
Sep 9, 2026 · 11:24
On this week’s episode, we catch up with Burkhard following his recent visit to Hamburg, Germany as he shares takeaways from meetings held with families and their family officers…
Sep 9, 2026 · 6:33
China’s August consumer and producer price inflation was slightly higher. The suggestion is not that better demand is driving up prices, but that global inflation forces are…
Sep 8, 2026 · 23:41
Kurt and Shane drop by to discuss the two of the most consequential policy questions of the 2025 mid-term election cycle - something old (Social Security), and something new…
Sep 8, 2026 · 5:48
China’s July trade data showed ongoing growth in exports—some of this reflects re-exporting. The gap between what China says it is selling to the US and what the US admits to…
Sep 7, 2026 · 5:50
Markets’ responses to last Friday’s US employment report rebuke US monetary policy communication. The report showed strong payrolls growth, but unemployment rates drifted very…
Sep 7, 2026 · 6:01
With inflation and labor data providing a mixed picture on the Fed’s dual-mandate goals, the Fed faces a closely balanced decision between a rate hike and a hold. This episode…
Sep 4, 2026 · 11:46
Shane drops by ahead of the Labor Day holiday weekend to update on this week’s developments up on Capitol Hill, including Congressional efforts to keep the government funded, and…
Sep 4, 2026 · 6:12
In the unnecessarily uncertain world of US monetary policy, we heard from Federal Reserve Governor Waller. Waller signaled a desire for unchanged policy, as disinflation forces…
Sep 3, 2026 · 13:54
Paul Baiocchi, Head of ETF Distribution with SS&C ALPS Advisors, drops by UBS Studios for a wide-ranging discussion around “the electrification of everything”, including a look…
Sep 3, 2026 · 5:27
The yen has been gyrating amidst speculation about intervention in the markets and the possibility of more aggressive action by the Bank of Japan. A Japanese market holiday…
Sep 2, 2026 · 10:54
While on a visit to Portugal, Burkhard drops by to highlight the factors that have contributed to the country’s economic success, and what investors should know. Burkhard also…
Sep 2, 2026 · 5:47
Crude oil prices continue to move higher amid ongoing fighting in the Gulf. US gasoline prices have not moved much higher, because they did not move much lower when crude oil…
Sep 1, 2026 · 10:26
Following the recently announced historic oil agreement between the United States and Venezuela, there are many open questions around how and when a deal will ultimately come…
Sep 1, 2026 · 5:38
Low level fighting in the Gulf war is keeping oil prices at a higher level. The United Arab Emirates (which was attacked by Iranian drones yesterday) suggested that this…
Aug 31, 2026 · 11:13
As the Congressional summer recess concludes and lawmakers return to Washington DC, there is no shortage of agenda items to address, in parallel to efforts on the campaign trail…
Aug 31, 2026 · 14:08
As we head towards the unofficial end of summer, markets continue to be supplied with ample news to digest - spanning policy developments out of the recent Jackson Hole Economic…
Aug 31, 2026 · 5:45
The US and Iran have been trading missile exchanges in the Gulf, pushing oil back over USD 90 per barrel. US President Trump posted a AI-generated video of Kharg Island being…
Aug 31, 2026 · 5:31
Advances in AI are beginning to move beyond digital tasks and into physical AI, raising the question of where value could accrue as machines become more adaptable in real-world…
Aug 28, 2026 · 6:04
Amidst the toasting of marshmallows at the Jackson Hole summer camp for economists, there are some hopes Federal Reserve Chair Warsh will offer a sensible structure for thinking…
Aug 27, 2026 · 30:39
AI data-center development is unlikely to stop, but the rules of engagement are changing. Local opposition, ratepayer concerns, and permitting scrutiny are shifting the debate…
Aug 27, 2026 · 4:52
The Iranian Revolutionary Guard reported that Iran and Oman have agreed to share revenues from tolls on shipping passing through the Strait of Hormuz—once the strait reopens. The…
Aug 26, 2026 · 21:11
Higher interest rates and government finances have been in the spotlight over the past week, with investor attention focused on possible policy responses this week and beyond.…
Aug 26, 2026 · 5:14
Iran and Oman are close to agreeing on a shipping route through the Strait of Hormuz. While this may not signal an immediate reopening of the strait, it does suggest Iran is…
Aug 25, 2026 · 11:05
This special edition of the CEO Macro Briefing Book presentation series outlines how businesses are embracing AI adoption, the implications of AI usage to operating efficiency,…
Aug 25, 2026 · 4:46
The US affordability crisis stays in the headlines, with US President Trump suggesting a doubling of tariffs paid by US importers of Canadian cars. However, these tariffs would…
Aug 24, 2026 · 5:35
The collapse of trade talks between Canada and the US resulted in US importers being charged tariffs on a further USD 20bn of imports. Import prices (where the tariff is levied)…
Aug 24, 2026 · 6:01
Jackson Hole puts the Federal Reserve’s policy trade-off into focus: a rate-sensitive housing market is under pressure, while AI investment remains exceptionally strong. This…
Aug 21, 2026 · 22:35
Join David Lefkowitz, Head of Equities Americas, each month for a look at the factors that are driving performance across US equities. We also cover risk considerations, thematic…
Aug 21, 2026 · 6:01
US Treasury Secretary Bessent declared the proposed Treasury buybacks could be four billion dollars. Bond investors seem to feel that four billion dollars is not terribly…
Aug 20, 2026 · 36:48
Matt drops by UBS Studios in New York to rejoin Jason for a wide-ranging conversation which spans the US macroeconomic environment, equity market performance, the AI capex cycle,…
Aug 20, 2026 · 6:04
The announcement that the US Treasury would “at least double” purchases of long-term US government bonds sparked a rally; 10-year yields fell to levels not seen for a whole week.…
Aug 19, 2026 · 5:43
Tensions in the Gulf continue, and crude oil futures remain over USD 90 per barrel. This has reignited some inflation concerns. The fact that consumers have shifted spending…
Aug 18, 2026 · 22:37
This month’s episode focuses on investing through a social lens, bringing together experts from UBS Global Wealth Management and Community Capital Management. Community Capital…
Aug 18, 2026 · 5:11
The Brent benchmark oil future is back above USD 90 per barrel. The US-Iran truce covered by the “memorandum of understanding” expired yesterday and US President Trump said there…
Aug 17, 2026 · 18:05
We are in the home stretch of peak summer vacation season and that has translated to a calm in the markets. Economic data, however, continues to roll in with potential…
Aug 17, 2026 · 5:07
Japan’s preliminary second-quarter GDP data was weaker than expected—though the headline changes were exaggerated by the fiction of annualization. Consumer spending weighed on…
Aug 17, 2026 · 6:19
AI is blurring the lines between asset classes, creating correlated exposures where portfolios may appear diversified on the surface. This episode considers the limits of…
Aug 14, 2026 · 25:09
Rich rejoins for a wide-ranging conversation with Jason that covers equity valuations, Q2 earnings reflections, Fed monetary policy, the US macroeconomic environment, and more.…
Aug 14, 2026 · 5:36
July US producer price data did nothing to change economists’ outlook for the Federal Reserve. Lettuce prices collapsed 72% from the previous month—this follows a health scare…
Aug 13, 2026 · 11:20
Following another busy week of corporate earnings releases and equities reaching all-time-highs, Burkhard weighs equity valuations, whether the data-center boom is sustainable,…
Aug 13, 2026 · 4:55
The July US consumer price inflation data was as expected. This allowed headline writers to wax lyrical about “easing pressures on the US Federal Reserve”. Economists are not…
Aug 12, 2026 · 12:35
Eric Kazatzky is a Managing Director and Client Portfolio Manager at MacKay Shields (an affiliate of New York Life Investment Management). As we’re just past the mid-way point of…
Aug 12, 2026 · 6:12
Today's US July consumer price inflation data will be less precise than in the past. There are more gaps in the data, and those gaps are filled by (educated) guesswork. Blunting…
Aug 11, 2026 · 15:32
Dan and Sean drop by for a hedge fund performance update and outlook. We discuss the year-to-date evolution of risk and capital deployment, common themes observed in hedge fund…
Aug 11, 2026 · 5:17
The crude oil price is creeping toward USD 90 per barrel. US President Trump responded to Iran’s demands for reparations by demanding Iran pay reparations—this is not the sort of…
Aug 10, 2026 · 21:54
There are no signs of a summer slowdown for equity, bond, and forex markets as factors such as corporate earnings, economic data, AI developments, and policy news continue to…
Aug 10, 2026 · 33:38
A wide-ranging conversation on the current rate environment, the road ahead for monetary policy, and the landscape for broader fixed income investing. Featured are Phoebe White,…
Aug 10, 2026 · 6:39
China’s July consumer and producer price inflation were lower than expected. China’s domestic prices have a weak relationship with export prices, and China's export prices have a…
Aug 10, 2026 · 6:36
The scale of the AI buildout is extending its effects beyond the technology sector and equity markets to the broader economy. This episode explores what the investment surge…
Aug 7, 2026 · 5:29
China’s July export data was somewhat stronger than expected. The big three electrification exports have collectively been important to export growth. China’s exports to the US…
Aug 6, 2026 · 5:15
Today is the release of everything economists do not understand about the US economy—otherwise known as second quarter productivity. Productivity has assumed mythical status as…
Aug 5, 2026 · 11:53
Michael Adelman and Matt Iannuci, along with Eileen Liu, Head of US Client Portfolio Management, join to discuss recent market developments within high yield bonds and broader…
Aug 5, 2026 · 11:03
As global equity markets set new all-time-highs and show signs of recovery from July indigestion, Burkhard outlines the factors that are driving current investor sentiment. We…
Aug 5, 2026 · 6:04
Oil prices are down and the optimism bias is up. There are hopes for an Iran-Oman settlement on post-war control of the Strait of Hormuz. This would probably mean tolls…
Aug 4, 2026 · 26:07
Doug Baker is a Portfolio Manager for Nuveen’s global fixed income team. Doug joins Frank Sileo, Senior Fixed Income Strategist Americas from the UBS Chief Investment Office, for…
Aug 4, 2026 · 3:12
US Michigan consumer sentiment data is a weak economic signal. It does have political punch, via the inflation expectations measure. Consumers focus on the price of frequent…
Aug 4, 2026 · 5:10
US President Trump asserted that talks with Iran are ongoing. Iran asserted that talks with the US are not happening. Markets tend to react if Trump has the authority to back…
Aug 4, 2026 · 3:20
Federal Reserve Chair Warsh testified to Congress—at times sounding like a Bundesbank member, with a vehement denunciation of inflation. Warsh was keen to say the Fed was solely…
Aug 3, 2026 · 26:10
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…
Aug 3, 2026 · 4:59
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…
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