Top of the Morning: POTUS 47 - U.S. trade policy, Geopolitics, & State of the Union address
From the original
Kurt Reiman, Head of Fixed Income Americas, and Shane Lieberman, Senior Governmental Affairs Advisor, provide a comprehensive update on a range of timely topics, spanning the Supreme Court’s IEEPA ruling aftermath and next steps for U.S. trade policy, ongoing nuclear policy negot
Related speeches
4 itemsTop of the Morning: POTUS 47 - Ceasefire: Our investment perspectives
Top of the Morning: Geopolitical & macroeconomic considerations for business owners
Per the full note from UBS [source], Paul Hsiao argues the U.S. economy remains fundamentally sound despite a weak labor market, with consumption robust and AI-driven investment set to accelerate into 2026. However, the Middle East conflict introduces upside risk to oil prices, potentially derailing the growth narrative. The desk sees markets repricing downside risks, with the S&P 500 down year-to-date.
UBS On-Air: Paul Donovan Daily Audio 'The state of the world'
The desk's view highlights the potential market implications stemming from President Trump's State of the Union address, specifically regarding tariffs and Congressional support, as noted by UBS Chief Economist Paul Donovan. The emphasis is on whether written remarks will unveil new tariff threats, potentially impacting market sentiment more than casual comments. Notably, Trump’s approval ratings have declined, leading to likely resistance from Congressional Republicans regarding continued tariffs, which would create a mixed signal for investors, as reported by UBS. This interplay between political tone and economic reality could inform trading strategies if new policies emerge or fail to gain traction.
Top of the Morning: FOMC takeaways & US economic update
More from UBS ON AIR
5 items- UBS ON AIR
UBS On-Air: Paul Donovan Daily Audio 'Fed fun'
- UBS ON AIR
Top of the Morning: Muni Market Guide - Leading the pack
- UBS ON AIR
UBS On-Air: Paul Donovan Daily Audio 'How to do a rate hike'
- UBS ON AIR
Top of the Morning: CIO Strategy Snapshot - In the Knick of time
- UBS ON AIR
UBS On-Air: Paul Donovan Daily Audio 'Rise and fall'