Top of the Morning – UBS Wealth Management Research

The conversation on our energy future continues as today we examine the pursuit for more sustainable and affordable energy, including, how we will get there, where the demand exists, the economic viability and more. Plus, we'll discuss the future of electricity and overall demand, with Nicki Decker, Energy Equity Sector Strategist & Jay Dobson MLP and Utilities Equity Sector Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC

Trade tensions are on the rise and global markets are responding. Today my guest will walk us through the latest developments and speak to the market response. We will also cover the Bull Market Monitor and CIO's current Tactical Asset Allocation. Featured is Jason Draho, Head of Tactical Asset Allocation, Americas from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we turn our focus to last week's highly anticipated OPEC meeting – we will cover the expectations heading in, the outcome, ongoing concerns, implications to oil markets and more. Featured is Nicki Decker, Energy Equity Sector Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

The Washington Weekly podcast is an in depth look at what's happening in the Beltway and beyond. Today, Shane Lieberman, from the UBS US Office of Public Policy discusses developments surrounding U.S. immigration policy, trade, a key Supreme Court ruling and more. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Art Cashin, Director of Floor Operations at the NYSE for UBS, discusses the most recent trade developments and how they have impacted market activity, the delisting of General Electric (GE) from the Dow Jones Industrial Average and what to expect in the week ahead. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

It's Friday morning and that means it's time for the week in review and preview. We highlight this week's trade-related developments, how the fixed income asset class has fared, the Fed's current economic and policy outlook and more. Plus thoughts on what you can expect in the week ahead. Featured is Leslie Falconio, Senior Fixed Income Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we turn our focus back to munis as we examine the recent developments surrounding legalized sport betting and the implications that carries to the asset class. We will also discuss recent performance drivers, an outlook and where opportunities exist within munis at this time. Featured is Kathleen McNamara, Senior Municipal Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we examine the neutral state concept – how it's used to evaluate economic and investments trends and how it ties into the Chief Investment Office's Bull Market Monitor. Featured is Jason Draho, Head of Tactical Asset Allocation, Americas from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

In a special episode of UBS On-Air, we discuss a first-hand encounter with twitter's trending #MPRraccoon, the daredevil raccoon that scaled the UBS building in St. Paul Minnesota only to become a viral internet sensation. Hosted by UBS On-Air's Dean Preston, featuring Wendy Mock, content editor at UBS, as well as St. Paul, Minnesota Branch Manager Justin Kappel, Senior Vice President Wealth Management Keith Mueller, and Managing Director and Market Head Stephen Glynn. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we turn our focus to the way the future and how our perception of the world of tomorrow influences the markets. My guest and I will examine how new technologies can often mislead us, and how societal changes and secular trends should be looked at more closely to help limit our exposure to volatility. Featured is Justin Waring, Investment Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

The Washington Weekly podcast is an in depth look at what's happening in the Beltway and beyond. Today, Shane Lieberman, from the UBS US Office of Public Policy discusses the North Korea peace summit, takeaways from the recent G7 summit and this week's US primary outcomes. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

It's Friday morning and that means it's time for the week in review and preview. We recap this week's key events – which span global central bank activity – to economic data – to historic geopolitical events and more. Plus, we preview what you can expect in the week ahead. Featured is Ed Tran, Equity Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today I am joined by Michael Crook, Head of Ultra High Net Worth and Institutional Strategy from the UBS Chief Investment Office, to talk about the June edition of the Modern Retirement Monthly which focuses on life-cycle earnings and safe savings rates. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we turn our focus to fixed income as we will examine what is behind the recent outperformance of floating rate securities. Plus, thoughts on how the fixed income asset class has fared during the recent stretch of market volatility, an outlook for the asset class and more. Featured are both Leslie Falconio and Barry McAlinden, Senior Fixed Income Strategists from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we turn our focus to exchange-traded funds (or ETFs) as we will examine how to leverage the asset class for managing downside in equity markets. Featured is Dave Perlman, ETF Strategist from the UBS Chief Investment Office. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.