The Bulletin with UBS

New French prime minister Sébastien Lecornu is the fifth premier in under two years. UBS CIO for France, Claudia Panseri, discusses whether the Macron loyalist can galvanise the National Assembly and curb French borrowing.See omnystudio.com/listener for privacy information.

The UBS Wealth Management CIO’s ‘Digital Assets 101’ series explores important developments in the digital-asset landscape. Michael Bolliger, UBS CIO for emerging markets, joins to discuss the potential of stablecoins.See omnystudio.com/listener for privacy information.

We conclude our season of insights from Nobel laureates in economics whose expertise informs UBS’s approach to answering complex questions. 2016 winner Bengt Holmström reflects on crafting economic knowledge for the real world.See omnystudio.com/listener for privacy information.

Our latest special edition features two Nobel laureates in economics whose insights inform UBS’s approach to answering complex questions. 2021 winner David Card (pictured) and 2024 laureate Daron Acemoglu reflect on their experiences.See omnystudio.com/listener for privacy information.

The second instalment of our special edition featuring Nobel laureates in economics whose insights inform UBS’s approach to complex questions. 2016 laureate Bengt Holmström returns to discuss the uncertain times we live in.See omnystudio.com/listener for privacy information.

 Special edition featuring Nobel laureates in economics, whose insights inform UBS’s approach to answering complex questions. 2021 winner David Card and 2024 laureate Daron Acemoglu (pictured) discuss the uncertain times in which we live. See omnystudio.com/listener for privacy information.

Ulrike Hoffmann-Burchardi, GWM Head of Global Equities, gives insights into UBS's forecast on market trends driven by AI, electrification, and longevity. She highlights how these transformational innovations will reshape investment landscapes. The discussion reveals the importance of adapting strategies to harness these emerging trends. Hoffmann-Burchardi also explores lucrative opportunities in the aging population sector, emphasizing the roles of AI in healthcare advancements and the need for infrastructure upgrades to accommodate electrification demands.

Despite a volatile year so far, there remains rewards for patient investors capable of navigating uncertainty. Kiran Ganesh, UBS GWM head of investment communications, discusses what we might learn in the remainder of 2025.See omnystudio.com/listener for privacy information.

Dominic Schnider, a strategist from UBS Global Wealth Management, dives into the dynamic industrial metal markets with a focus on copper. He outlines why copper stands out as a promising investment amidst potential tariffs and economic shifts. The discussion covers the strong demand from China, supply challenges, and how macroeconomic factors like dollar strength influence pricing. Schnider also reveals investment strategies for navigating the volatile landscape, making a compelling case for long-term positioning in copper.

Paul Donovan, UBS Global Wealth Management Chief Economist, dives into the complexities of scapegoat economics and prejudice politics. He discusses how certain groups, especially immigrants, are unjustly blamed for economic woes, masking underlying issues. Donovan explores the dangers of economic nationalism, emphasizing that irrational choices can harm market efficiency. He also highlights the cyclical nature of political scapegoating in the U.S. and the potential repercussions of upcoming trade tariffs on competitiveness and pricing.