UBG News and Press, UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810 From 01/13/21

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...

Let's begin by looking at the recent trend in the 10-year rate. The rise to 1.15% yesterday (Jan. 11) marks the highest level since last March. Although REIT returns and the 10-year yield are closely connected at times, overall the relationship reflects a correlation of about 0.10. ...

From a fundamental point of view, the actions in Washington the past week have been unprecedented. However, stocks continue to move up in the face of all the uncertainty politically. After the unrest in Washington, there may be another wave of cases from that event. We are beg...

Momentum tendencies suggest that gold’s recent rally will carry through 2021. Dollar weakness is strongly indicative that gold will rally for at least the next 12 months. Seasonal tendencies suggest that gold’s rally will continue in the shorter time frame. For...

Gold markets are trading under pressure even while record highs have been established in both bitcoin and the Dow Jones Industrial Average. Gold prices have fallen below key levels ($1,900 per ounce) and investors want to know which assets are likely to outperform as safe haven assets...

Given the economic, health and political crises occurring, it does not make sense that we are seeing record levels in the stock market. Major fiscal issues including interest rates need to be resolved. Leaders do not appear to be showing any inclination to change current policies ...

As we enter 2021, gold bugs will need to factor into their analysis the coronavirus, Brexit, and the arrival of Joe Biden in the White House. The amount of money required for the epic task of vaccinating entire nations will be enormous necessitating a huge increase in fiat currencies....

As our latest Asset Allocation Outlook discusses in detail, we expect profit growth will accelerate, and the improvement in fundamentals should bode well for risk markets and cyclical assets in particular. We remain overweight equities in our multi-asset portfolios and select areas of...

Rapid money supply growth due to large US fiscal deficits has created a rapidly weakening US Dollar. US gold production has fallen to 1988 levels; Australian gold production will likely peak by 2021 and global production has likely already peaked. Based on historical ratios, and s...

The differential selling in the dominant gold ETFs looks to be slowing. The GLD+IAU holdings draws spawned by gold’s latest correction are moderating now that it has passed. Gold's subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends. When tha...