FIEE News and Press, UBS AG FI Enhanced Europe 50 ETN due February 12 2026 From 01/19/23

Summary Active fixed-income ETFs allow portfolio managers to stay nimble and avoid sectors and parts of the credit spectrum that might encounter increased stress. There are now a growing number of dividend ETFs that are focused on yield and offer responsiveness to evolving sector dynami...

Summary One of the big stories late last fall was the abrupt about-face turn by the Chinese government on its zero-Covid policy. There is a connection of sorts tying together the newfound fondness for Chinese and European assets. Small-cap domestic stocks do still seem to demonstrat...

Summary Easing supply chain pressures are evident in supplier delivery times, which have been rising at a slower pace recently. Labor shortages did not ease much even as demand weakened. Weak demand conditions are likely to continue limiting companies' ability to sustain high wage g...

Summary Markets may be underestimating the stickiness of inflation and central banks’ determination to beat it - and what that means for growth and corporate earnings potential. We favor fixed income and credit over equities, and investment grade over high yield. Should infla...

Summary It will be a busy week filled with a wide range of economic indicators, lots of Fed speak, and earnings season heats up. The run-up to the February ECB meeting is going to bring immense focus on incoming data and central bank speak. So it turns out the UK may have just about...

Summary The turn in inflation sentiment has been nothing short of spectacular, in particular in the US. To be fair, it's been supported by benign inflation breakevens. At the same time there is a lot of positive extrapolation going on. Bonds are continuing to ride this narrative and the...

Summary Should EUR rates continue their climb until a clearer turn appears in ECB policy, or should they follow their USD peers lower, assuming that the ECB pivot will necessarily follow the Fed’s, albeit with a lag? We see fair value for 10Y EUR swaps around 3% for the rest of t...

Summary After enduring one of the worst years on record across asset classes, investors should find more cause for optimism in 2023, even as the global economy faces challenges. Inflation is likely to moderate, and risks to the inflation outlook appear more balanced than they did severa...

Summary Arguably one of the greatest frustrations for investors over the past year of rampant inflation was the dismal performance of real assets regarded as inflation hedges and their positive correlations to the returns of nominal assets, such as conventional government bonds. Even th...

Summary Looking around the globe, we find a few major stock markets with bullish setups. Most are leaning bearish to perhaps strongly bearish. The S&P 500 is currently 30 on a list of 36 country indexes, with Turkey, Poland, Italy, Denmark, and China taking the top slots. Longer...