UAG News and Press, UBS AG Jersey ZC SP E-TRACS REDEEM 05/04/2038 USD 25 From 07/01/21

MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...

The May Prices Received Index 2011 Base, at 106.8, +1.8% from April 2021 and +27.0% from May 2020.The crop production index +0.5% M/M to 106.6; the livestock index was +2.9% at 107.0.Food grains +5.8% M/M and +19.0% Y/Y.Feed grains +11.0% M/M and +84.0% Y/Y.Oilseeds +5.8% M/M and +7...

Headline inflation numbers have been brutal, with the CPI rising at rates that would normally call for a fast, hard tightening. Price trends in the industrial and agricultural commodities space are generally flattening, with only iron ore continuing higher. As supply chains unkink...

Soybean futures plummeted last week, bashing soybean bulls in the process. Cocoa is one of the only commodity markets not participating in the inflation trade. Cocoa tested long-term support just above $2,300 per ton and then bounced smartly, finishing the session $35 higher. ...

The April Prices Received Index 2011 Base, at 105.1, +6.9% from March 2021 and +28.0% from April 2020.The crop production index +6.8% M/M to 106.1; the livestock index was +7.1% at 104.3.Food grains +1.7% M/M and +12.0% Y/Y.Feed grains +8.3% M/M and +61.0% Y/Y.Oilseeds +5.5% M/M and...

Corn and soybeans rallied within striking distance of their 2012 all-time contract highs before backing off last week. Will the smoking hot rallies in both markets be enough to increase planted acres and reduce demand? Barring adverse North American weather, we expect significant ...

The most significant factors driving the global rally in food prices have come from China, which first started seeing localized food inflation in 2019. The nascent agtech sector addresses food inflation with innovations that seek to lower per-unit costs on a financial and environmenta...

Metals prices are flirting with record levels, agricultural markets are trading at multi-year highs, and oil has staged an impressive recovery. The post-Covid-19 recovery is clearly bullish for commodities. However, what is less clear is whether we can call this a super-cycle. We ...

The March Prices Received Index 2011 Base, at 98.3, +2.6% from February 2021 and +6.4% from March 2020.The crop production index +1.2% M/M to 99.3; the livestock index was +4.1% at 97.4.Food grains +0.1% M/M and +10.0% Y/Y.Feed grains +2.5% M/M and +33.0% Y/Y.Oilseeds +3.7% M/M and ...

Look at the “other side” of the argument in executing each investment. Almost all commentators on the market and the US economy are bullish. Quarterly earnings growth rates will decline. Recognize some of the probable drivers of inflation now and in the future. ...