Summary: 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.
