UBS On-Air: Market Moves brings you beyond the highs and lows of the ticker, with conversations that can broaden your thinking about market behavior
Top of the Morning: Fixed Income Strategist - High Yield Insights
Our conversation turns focus back to fixed income as my guests share their thoughts on the state of credit markets in a rising rate environment, how to think about positioning within the broader asset class, an outlook for rates and more. Featured are Alina Golant, Senior Credit Strategist Americas, and Leslie Falconio Head of Taxable Fixed Income Strategy Americas, UBS Chief Investment Office. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'Printing no inflation'
Japanese May consumer price inflation was steady - the US style core calculation rose 0.2 percent year over year, meaning nearly all the inflation is food and fuel. This challenges those who point to money printing as the source of inflation - Japan’s monetary base grew rapidly in the pandemic. Printing money does not create inflation. Printing too much money creates inflation. Money demand must always be considered.
Top of the Morning: Thematic investing for the current environment
Our conversation turns focus back to thematic investing as my guest highlights the long term investment themes on the radar of the Chief Investment Office and how these themes might be impacted by the current market environment. Featured is Michelle Laliberte, Thematic Investing Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'How fast is the economy slowing?'
Federal Reserve Chair Powell - the 21st century equivalent of former Fed Chair Burns - testified to Congress that the Fed was not trying to create a recession. That sounds suspiciously like forward guidance. The Fed has destroyed all credibility around forward guidance. The challenge is that recent extraordinary events have changed ordinary economic behavior.
Top of the Morning: Preferred securities - Prepare for landing
Our conversation turns focus back to fixed income, though specifically preferred securities as my guest walks you through his recent publication which explains how investors in the space should think about positioning against a variety of market and economic scenarios. Featured is Frank Sileo, Senior Fixed Income Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy
UBS On-Air: Paul Donovan Daily Audio 'The Fed Chair who cried "wolf"'
US Federal Reserve Chair Powell testifies to Congress. Powell’s policy style is more the bumbling of former Fed Chair Burns than the shock and control of former Fed Chair Volcker. Inflation control today is less about wages and more about profits and pricing power. But the questions for investors are: Has consumer price inflation (or just gasoline prices) become the inflation target? With forward guidance trashed, why should anyone believe anything Powell says?
Very good and entertaining
I enjoy Paul Donovan’s approach and delivery to financial news and I hope that this show will continue as-is for years to come. Well done!
Good info, horribly managed feed
I enjoy the information in these podcasts, especially Paul Donovan. But this is the most poorly managed podcast I’ve ever encountered. Episodes unavailable, gone missing, etc. Very frustrating.
Paul Donovan is THE source for economic information
Paul Donovan is THE econ source everyone should tune in to. His daily update is the best (the only) unbiased summary of key global economic news.