UBS On-Air: Market Moves

Senior Governmental Affairs Advisor Shane Lieberman discusses RNC speeches, assassination investigation of former President Trump, and corruption charges against Senator Menendez. Topics include unity within Republican party, Senator JD Vance as VP candidate, importance of accurate information in investigations, and potential impact of Menendez's conviction on US Senate balance of power.

Asset Allocation Strategist Mike Gourd from UBS reviews Q2 earnings report with positive sales and forward guidance. Economic data recap includes strong consumer spending, inflation trends, and insights for the week ahead. Fed's Beige Book findings on labor market and consumer behavior discussed.

The podcast discusses lower UK retail sales due to bad weather and unexpected politics. It also covers Japanese consumer price inflation, German producer price inflation, and analyzes Trump's speech impact on tax increases and the auto sector in the US.

Leslie Falconio, Head of Taxable Fixed Income Strategy at UBS, discusses how investors should position themselves as growth and inflation trend lower, and the upcoming rate cutting cycle. Topics include data alignment with Fed guidance, impact of monetary policy adjustments on total return, and CIO recommendations for strategic fixed income positioning amid market volatility.

Federal Reserve signaling rate cuts, Beige Book hints at profit-led inflation decline. ECB meeting with Lagarde speaking. Analysis covers potential rate cuts, UK labor market, Japanese trade data, and US Business Sentiment Survey.

UBS Chief Economist Paul Donovan discusses how Taylor Swift's concerts impacted UK inflation through hotel price increases. He talks about the deflation in goods prices and the weaker than expected producer price inflation. The podcast also covers US economic indicators, President Trump's comments on the Federal Reserve, potential consequences of US tax increases on consumers, and Euro area consumer price inflation.

Discussion on the economic impact of Trump's choice for Vice President, US-China relations, and potential tariff threats. Also covers US consumer spending, European sentiment, and French politics.

Jason Draho, Head of Asset Allocation Americas at UBS CIO, discusses potential Fed rate cuts, investor sentiment, equity valuations, Q2 earnings, and the political landscape. He provides insights on portfolio positioning amidst current market conditions, emphasizing the importance of strategic investing in high-quality bonds and technology stocks. The podcast also explores recent economic data and its implications for the timing of Fed rate cuts, while stressing the significance of staying informed for well-informed decision-making.

Exploration of market response to violence at President Trump's rally, impact on political dynamics, disappointing data from China, global economy implications, and technology demand limitations from China.

Matt Tormey, Equity Strategist Americas at UBS CIO, discusses Q2 earnings expectations, equity valuations, and market positioning. They touch on inflation data, tech and industrial sector recommendations, and insights on the June jobs report. Future predictions include potential rate cuts by the Fed and upcoming economic and earnings events.