UBS On-Air

Global demand for goods seems to be holding up. South Korean exports rose in the first twenty days of September (there were extra working days, which helped the numbers). Globally, fear of the virus is sufficiently controlled as to allow consumers to spend their accumulated savings.

It's Friday, which means it is time for the week in review and preview. Today, an in-depth discussion of this past week's economic developments, including the Federal Reserve's policy meeting and potential federal stimulus negotiations. Plus a preview of what's to come in the week ahead. Today's guest: Brian Rose, Senior Economist Americas from the UBS Chief Investment Office. Host: Griffin Marie.

US initial jobless claims fell again last week. The labor market in the US (and elsewhere) has been improving faster than traditional models predict -- such models are not designed to deal with a policy-led downturn and recovery. The improvement is welcome because it helps to offset the failure to extend fiscal support in the form of higher unemployment benefit.

Ann Rybak, Head of Family Office Solutions Group, sits down with Jeb Hensarling and Mark Gilbert, Vice Chairmen within UBS Wealth Management Americas, to discuss a topic that is top of mind for all of us - politics. They cover everything from Coronavirus relief, to the upcoming election and more. Most recently, Jeb Hensarling served as the member of the United States House of Representatives from Texas's 5th congressional district from 2003 to 2019 and Mark Gilbert served as the United States Ambassador to New Zealand and Samoa from 2015 to 2017.

What is venture philanthropy and how does it differ from traditional forms of philanthropy? In this episode, Nicole Sebastian, Senior Strategist in Family Advisory and Philanthropy Services, explains everything from the origins of venture philanthropy, to its core principles, and the benefits it could hold for the future. Host: Daniel Cassidy

The US Federal Reserve gave details of its new, vague inflation target. The details did not really make things any less vague. The Fed intends to keep interest rates where they are until an unspecified indicator has moved an unspecified amount above 2% for an unspecified period of time - but it might tighten quantitative (or indeed regulatory) policy long before that.

Municipal bonds have experienced three months of positive returns. What are the key investment catalysts in the Muni Bond space, what?s been the impact on the asset class from the lack of further federal stimulus, how might the 2020 election play a role in munis and what is the CIO's outlook for municipal securities going forward? Today's guest: Kathleen McNamara, Senior Municipal Bond Strategist. Host: Griffin Marie.

Ann Rybak, Head of Family Office Solutions Group, interviews Judy Spalthoff, Head of Family Advisory and Philanthropy Services, about how the COVID-19 pandemic has impacted many family's giving strategies. Judy discusses the role that private funders can play in the fight against the pandemic and, more broadly, the role that philanthropy can play to address many social and economic inequalities within our system.

What options are available to philanthropists interested in establishing scholarship funds? In this episode, Julie Binder, Senior Strategist in Family Advisory and Philanthropy Services, outlines the opportunities that are available, as well as the questions that should be answered, when considering whether or not to establish a scholarship fund. Host: Daniel Cassidy

The US Federal Reserve meets?this is not the Greenspan era any more (for younger readers, Greenspan was Fed Chair back when some economists were starting their careers and had hair). In the 1990s, inflation and the cost of credit were critical economic issues, easily controlled by the Fed. Today, inflation is contained and business creation suggests no credit constraint.

Fixed income assets have proven their durability during this credit cycle despite the major dislocations we saw in March, which is the main topic of the latest UBS Fixed Income Strategist publication. Today, we explore how fixed income has weathered adverse credit conditions through timely fiscal and monetary policy measures as well as the Chief Investment Office's outlook of credit assets going forward. Today's guest: Barry McAlinden, CIO Fixed Income Strategist. Host: Griffin Marie.

Global virus cases continue to rise, and people continue to adapt in the face of the challenge?economic evolution. Chinese August industrial production was in the top half of the forecast range. Global demand is rising, so Chinese production is rising to meet it. Chinese consumption lags as consumers had less income support than in Europe or the US.

As we begin to close out the balance of 2020, at the top of many investor's minds is uncertainty over risk factors. These risk factors have become catalysts for some of the market's recent activity. Today, we'll be analyzing risk from a fundamental and positioning basis, look at the key factors that will shape risk over the coming months (from additional federal support measures, a vaccine in the fight against COVID-19, third-party investor positioning) and how it all impacts markets. Today's guest: Jason Draho, Head of Asset Allocation for the UBS Chief Investment Office. Host: Griffin Marie.

On this livestream podcast, Mark Haefele, Chief Investment Officer at UBS GWM, speaks with CIO strategists about the world of sustainable investing, and why UBS has decided to make sustainable investments the firm's preferred recommendation for private clients investing globally.

Mark Haefele, Chief Investment Officer at UBS GWM, was joined by Andrew Sheets, Chief Cross-Asset Strategist at Morgan Stanley, to discuss the impact of a vaccine on asset prices, his outlook on the market and the US elections. UBS Financial Services Inc. and Morgan Stanley are not affiliated.