UBS
UBS Morning audio comment: Firing, not ceasing
Ubs
From the original
The US-Iran ceasefire seems to have an awful lot of firing. The market response remains muted, with political pressures building in the US. https://secure.ubs.com/campaign/r/?id=t6044a13e,14953c59,28e48c
Related speeches
4 itemsUBS ON AIR
UBS On-Air: Paul Donovan Daily Audio 'Firing, not ceasing'
Paul Donovan argues that despite US claims of a ceasefire with Iran, continued military actions undermine that narrative, but markets are resilient due to optimism bias and Trump's low approval ratings limiting escalation risk. The market reaction remains muted as investors focus on US domestic politics and upcoming PCE data. Per the full note [source], a 34% approval rating historically pressures politicians to moderate foreign policy.
DESK NOTEUBS GWM, Chief Economist - Paul Donovan
UBS Morning audio comment: Looking for consequences
UBS ON AIR