UBN News and Press, E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Energy ETN From 02/23/22

The U.S. has been importing more crude oil from Russia, especially on the West Coast, due to the decline of Alaska’s crude oil output. So, if the U.S. tried to curtail Russian energy imports, then the record prices at the pump on the West Coast could soar higher. China is expor...

Forecasting macro activity and managing expectations have become substantially more difficult. As the West imposes sanctions on Russia, the potential for a severe supply shock lurks – particularly for oil and natural gas. Macroeconomic risk will rise, perhaps leading to a n...

Russia supplies natural gas to Europe, and in the event of US sanctions, this could impact Europe. But there are so many LNG ships in the Atlantic right now that lease rates have collapsed, so Russian threats to cut off Europe’s gas may not be much of a threat. The other big th...

Non-U.S. markets, including EM, DM, and Asia, are outperforming the U.S. markets after underperforming last year. After slightly underperforming growth last year, value is where the money is flowing. With the economy still in growth mode, cyclical stocks should do better than defe...

To help address investor concerns about Russia-Ukraine tensions, our Portfolio Managers examine the impact on their respective asset classes and potential allocation changes. We believe sanctions initially will focus on Russia’s top security personnel and companies directly inv...

Why inflation may be here to stay for the long term. The Fed may have to be more proactive if it wants to get ahead of inflation. Why wage growth is the big inflation driver and the reason inflation will be around for a while. For further details see: How Far Will The Fe...

European energy markets became very tight and volatile over the course of 2021. Most industrial sectors are energy-intensive and rely more on gas and power for heating and feedstock, where prices have skyrocketed. High-profit margins are a cushion for higher procurement prices. ...

Industrial production jumped 1.4 percent in January. This was led by an increase in utility output, which surged 9.9 percent for the month, with natural gas up 24.2 percent and electric up 7.6 percent. Manufacturing output - about 74 percent of total output - posted a modest 0.2 perce...

As 2022 begins, we look at five big questions facing the power markets in OECD Asia: Australia, Japan, and South Korea. We expect these questions spanning across policy, market, and technology development will shape the discussions around the power market in the region. IHS Markit...

For investors who want to earn a reasonable return without taking excessive risks, diversification still works, and we think you’re going to need more of it this year. The weighing of the high-flyers is not over. Commodities had another good week, and the 1-year return is getti...