Top of the Morning – UBS Wealth Management Research

It's Friday morning and that means it's time for the week in review and preview. We will recap this week's key market moving events and of course preview what you can expect in the week ahead. We will also discuss the fixed income space, specifically the Preferreds sector. Featured is Senior Fixed Income Strategist Americas from the UBS Chief Investment Office, Frank Sileo. 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.

Today we continue our 2019 year ahead conversation and focus in on real estate. We will reflect on what drove sector performance in 2018, preview what we can expect in 2019 and cover how you should position your real estate portfolio accordingly. Featured is Senior Real Estate Sector Strategist Americas from the UBS Chief Investment Office, Jon Woloshin. 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.

2018 has been a tough year for financial markets. On the one hand, it hasn't been a "crisis" environment. On the other hand, while the depth of losses hasn't been severe, the breadth of losses has been surprising. So when is a loss not a loss? We will answer that question and more. Featured is Investment Strategist Americas for the UBS Chief Investment Office, Justin Waring. 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.

Today we continue our 2019 year ahead conversation and focus in on equities. We will reflect on what drove asset class performance in 2018, preview what we can expect in 2019 and cover how you should position your equity portfolio accordingly. Featured is Senior Equity Strategist Americas from the UBS Chief Investment Office, David Lefkowitz. 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.

Today we continue our 2019 year ahead conversation and focus in on fixed income. We will reflect on what drove asset class performance in 2018, preview what we can expect in 2019 and cover how you should position your fixed income portfolio accordingly. Featured is Senior Fixed Income Strategist Americas from the UBS Chief Investment Office, Leslie Falconio. 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.

With stock markets once again exhibiting volatility and many investors focusing increasingly on whether we might be nearing the next bear market, so comes the quest for the perfect hedge. Though is that quest a wild goose chase or a constructive use of time for investors? We will answer those questions and more. Featured are Ainsley Carbone, Total Wealth Strategist Americas and Justin Waring, Investment Strategist Americas, 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.

Mike Ryan, Chief Investment Officer Americas, breaks down the market action for today, Friday, December 7, 2018. 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.

Shane Lieberman, from the UBS US Office of Public Policy, joins the podcast to discuss the latest news out of the beltway and beyond. 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 will recap this week's key market moving events, including what is behind the renewed market volatility, review the November Jobs reports and preview what you can expect in the week ahead. Featured is Senior Economist Americas from the UBS Chief Investment Office, Brian Rose. 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

At UBS we are committed to the financial wellness and well-being of women. On today's podcast, we join forces with Goldman Sachs Asset Management to talk about the importance of women getting involved in their own finances and EMPOWERing women to develop greater financial confidence. Featured is Candice Tse, Head of US Market Strategy for Strategic Advisory Solutions at Goldman Sachs Asset Management and Carey Shuffman, Manager of the Women's Segment for UBS. 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. The views and opinions expressed may not be those of UBS Financial Services Inc. UBS Financial Services Inc. does not verify and does not guarantee the accuracy or completeness of the information presented. Goldman Sachs and UBS Financial Services Inc. are not affiliated. 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.

Mike Ryan, Chief Investment Officer Americas, breaks down the market action for today, Thursday, December 6, 2018. 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.

Listen to a special conversation with Mike Ryan, Chief Investment Officer Americas, on recent volatility drivers and what the year ahead has in store for the markets. While we've entered a more challenging investment environment, CIO still believes there will be attractive opportunities around the globe in the coming year. Hosted by Anthony Pastore, Head, UBS On-Air. 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.

Each week, Art Cashin, the Director of Floor Operations at the NYSE for UBS, discusses the latest news and events impacting the markets. This week: thoughts on market volatility drivers, where US and China trade negotiations are headed, the OPEC meeting, year-end market performance projections and 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.

Today we turn our focus to sustainable investing as we will examine recent developments within the space, where opportunities exist, what lies ahead and more. Featured is Andrew Little, Sustainable and Impact Investing Associate Americas for 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.

When it comes to investing, the word "risk" often gets used. However, the definition of that word has changed a bit over the years. So what does it really mean today, particularly when it comes to preparing for bear markets? To discuss that is Michael Crook, the head of Investment Strategy for the UBS Chief Investment Office Americas. 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.