UBS On-Air: Market Moves

Brian Levitt serves as Chief Global Market Strategist and Head of Strategy & Insights at Invesco. Brian shares his take on a wide range of topics that have recently influenced investor sentiment and moved markets, including geopolitical factors, the impacts of artificial intelligence, the course for monetary policy, and more. We also share an outlook for the U.S. economy and discuss asset allocation considerations. Host: Daniel Cassidy Recorded on 03.02.26.

Near term, the rise in oil and gas prices are not yet economically threatening (they would need to stay high for longer). Dollar strength may be less about safety, and must partly reflect the need to buy more dollars to pay for oil, gas, or gold.

Following this weekend’s developments in the Middle East (still ongoing), Shane Lieberman, Senior Governmental Affairs Advisor, Jay Dobson, Energy and Utilities Equity Strategist Americas, & Kurt Reiman, Head of Fixed Income Americas, outline what has taken place, how the days and weeks ahead may unfold, and how global markets are responding. We also touch on how markets historically respond during periods of global conflict, the implications of this conflict to energy supply-chain and prices, along with portfolio positioning guidance from the UBS Chief Investment Office. Host: Daniel Cassidy

Events in the Gulf make dramatic viewing. The humanitarian cost of war is always horrible. The economics of the current situation are less dramatic. The inflation consequences depend on a sustained increase in oil price, not a spike. The world has become less oil dependent to produce economic activity. However, the US affordability crisis may be affected—perception rather than reality matters to affordability, and gasoline prices affect inflation perceptions.

Tune in at the start of the trading week ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth Management, briefs you on what’s the signal, and what’s just noise in the markets. Recorded on 1 March 2026.