Top of the Morning – UBS Wealth Management Research

Today we turn our focus to fixed income as we will examine the Chief Investment Office's current view on the asset class relative to others. We will also touch on a performance outlook and where opportunities can be found in the current environment. Featured is Senior Fixed Income Strategist Americas for 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. Member FINRA/SIPC.

Today we turn our focus to the status of the current bull market and examine the strategies investors can take to safeguard their bull market gains. My guest and I will discuss approaches investors can take to capitalize on opportunities, minimize negative impacts to portfolios, and help them to maintain discipline in the event of a bear market. 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. Member FINRA/SIPC.

On September 6, 2017, Equifax announced that it discovered a cybersecurity incident where unauthorized consumer information was accessed. So, what have we learned from this incident just over a year ago and how can we further protect ourselves from "bad actors" and cyber hacking? Hear from Ellen Segriff, Head of Privacy, Cyber and Information Security for UBS in the 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. Member FINRA/SIPC.

Today we turn our focus back to thematic investing as we will examine what is new within the Chief Investment Office's investment theme Investing with a gender lens – including why gender diversity matters on corporate boards. Featured is Thematic Investing Associate Americas for the UBS Chief Investment Office Michelle LaLiberte. 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.

Volatility has returned to the markets in recent weeks, yet the Chief Investment Office continues to believe that equities remain attractive. We will discuss why that is and the case for investing in non-US equities. Plus, a look of some notable investment risks and what we'll be watching out for in the months ahead. Featured is Head of Asset Allocation Americas for the UBS Chief Investment Office Jason Draho. 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. My guest will recap this week's key events, including thoughts on the current earnings season. Plus, a look what you can expect in the week ahead. Featured is Equity Strategist Americas for the UBS Chief Investment Office, Ed Tran. 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 US Homebuilders and how the rising rate environment and other factors are affecting the space. My guest and I will discuss examine demand trends across the country, the current outlook on the state of the US housing market, investment implications, and more. Featured is Senior Estate Analyst for the UBS Chief Investment Office Americas, 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. Member FINRA/SIPC.

Today we turn our focus back to oil markets as we examine an ongoing geopolitical development and its implications to prices. We also preview the upcoming energy sector earnings and discuss where opportunities currently exist for energy investors. Featured is Energy Equity Strategist Americas for the UBS Chief Investment Office, Nicki Decker. 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.

Given the recent bout of volatility in the markets this past week, Chief Investment Officer Americas, Mike Ryan, sits down to discuss his thoughts on the action and what to expect going forward. 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 events, including what drove the recent market pullback. My guest and I will discuss what is pushing interest rates higher, highlight the preferred securities sector, and take a look at what you can expect in the week ahead. Featured is Frank Sileo, CIO-A Senior Fixed Income Sector Strategist. 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

Volatility has returned to global equity markets. Today we examine what is behind the renewed action and how you should be positioned. Plus, we will preview the upcoming earnings season and provide a market outlook. Featured is David Lefkowitz, Senior Equity Strategist Americas for 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. Member FINRA/SIPC.

Today we turn our focus to the state of shopping malls in America and take a deeper dive look at some of the factors driving changes in the space. My guest and I will discuss the conditions affecting shopping malls operating today, examine the challenges, and what the implications for investors may be looking ahead. Featured is Jon Woloshin, CIO-A Head Real Estate Analyst. 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're turning our focus to the old adage "buy low, sell high," and examining how this classic concept may not actually deliver on the promise of greater returns. My guest and I will take a deeper dive into how this common mantra of the stock market can be misleading, what investors should be looking for in their investing strategies, and more. Featured is Justin Waring CIO-A Investment Strategist. 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 recent performance of the asset class, what the fourth quarter has in store, notable risks, where opportunities exist and more. Featured is Leslie Falconio, CIO-A Senior Fixed Income Sector Strategist. 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