Top of the Morning – UBS Wealth Management Research

We revisit our conversation on the Longer Term Investment theme – enabling technologies – for a deeper dive look into what these technologies are, the associated investment opportunities and more. Featured is Kevin Dennean, IT and Telecom 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 week ahead has in store several key events which have the potential to be marketing moving – this of course includes the historic summit between President Trump and North Korean Leader Kim Jong Un, several global central bank policy meeting and more. Featured is David Lefkowitz, Senior 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 we turn our focus to the concept of 5G as we will examine where the technology current stands, the challenges it faces, associated investment opportunities and what the near future has in store. Featured is Kevin Dennean, IT & Telecom 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.

Frank Sileo, Senior Fixed Income Strategist from the UBS Chief Investment Office, recaps this week's key market moving events and previews what we can expect in the week ahead, including the highly anticipated Fed policy meeting. Plus we will take a look at the June edition of the Yield and Income publication. 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.

UBS House View Monthly Client Call with Jeremy Zirin, Head of Investment Strategy Americas, UBS Wealth Management CIO. 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 what has become a trend among millennials, Prince Harry and Meghan Markle asked that their guests give to charity rather than give a traditional gift. Learn more about their charitable giving and how wedding gift-giving is evolving generationally in an interview with Bill Sutton, Senior Strategist Family and Philanthropy Advisory for UBS, and Brandon Smith, Wealth Strategist with UBS Advanced Planning. This presentation is for informational and educational purposes only and should not be relied upon as investment advice or the basis for making any investment decisions. 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. Neither UBS Financial Services Inc. nor any of its employees provide tax or legal advice. You should consult with your personal tax or legal advisor regarding your personal circumstances. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

Today we examine the eCommerce space and how retailers are making online shopping easier, more competitive and more convenient than ever before. We will cover how eCommerce has changed for companies over the years and how technological advancement, ease of payment services and societal changes are contributing to an increasingly more globalized online community. Today my guest is Rob Samuels, Consumer Discretionary Equity Sector Strategist 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.

The U.S. economic recovery has been progressing over the past several years, though with the recovery has emerged a new labor challenge. Today my guest will discuss what that challenge is and how technology is being leveraged to overcome it. Featured is Laura Kane, Head of Thematic Research 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.

Last week the U.S. Commerce Department made a trade announcement which took many by surprise as it impacts some of our closest trading partners. My guest breaks down what the announcement consisted of, which countries could be impacted and the carried economic implications. Featured is Brian Rose, Senior U.S. Economist 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.

It's Friday morning and that means it's time for the week in review and preview. We recap this week's key market moving events – including updates on trade, Italy's political crisis, Fed commentary, key economic data and more. Plus, preview what we 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.

We examine where negotiations currently stand with respect to the U.S., China and NAFTA as well as the implications to the U.S. industrials and materials sectors. We also cover the recent farm bill outcome and where opportunities currently exist within the U.S. industrials and materials sectors. Featured is Adam Scheiner, Industrials and Materials 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 UBS Chief Investment Office believes that we have entered the mid-to-late cycle, and it’s time to begin watching for signs of an overheating economy. With this in mind, the UBS Chief Investment Office introduced a new Bull market monitor to help us keep an eye on potential risks to the bull market. 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.

The summer season has finally arrived, though that may come as a disappointment to many motorists given demand trends for oil and gasoline this time of year. We will cover what the trends are, what’s behind the rise in prices, preview an upcoming OPEC meeting and more. Featured is Nicki Decker, Energy 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.

On today's podcast, Art Cashin, Director of Floor Operations at the NYSE for UBS, discussed impacts of the ongoing North Korea / US negotiations, Dodd-Frank rollback voted on by the House, the latest comments from the Fed and a preview of the markets for next week. 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 ongoing North Korea / US negotiations, China trade talk, financial regulatory reform and primary elections. 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.