UBS House View Monthly Client Call




Top of the Morning – UBS Wealth Management Research show

Summary: In November, voters in the United States will head to the polls to determine the make-up of Congress for the next two years. Mid-term elections almost always go against the party in power, and we could see the Democrats take control of one or both chambers of Congress. We believe a historically average congressional shift is most likely, and in this situation the Democrats will gain control of the House but fall short of a majority in the Senate. But the outcome is still highly uncertain, so it's important to evaluate the potential outcomes and assess how each outcome could affect the political and policy environment — and how it could impact markets. Featured is Head of Asset Allocation Americas for the 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.