UBS says that a deep recession in Europe is now its base case scenario despite heavy fiscal and mone
The memo detailed 10 financial adviser recruits managing a total of around $1.6 billion from rivals including Wells Fargo and Merrill Lynch.
A UBS survey found that 55% of family offices said a global recession will come in 2020, while 45% are realigning their investment strategies.
UBS's construction research shows the market for such items has gone into stagnation — implying that large building construction is losing steam.
"Chinese consumer prices rose. This was mainly due to sick pigs. Does this matter? It matters if you are a Chinese pig," economist Paul Donovan said.
Wall Street is still overwhelmingly positive about Boeing's prospects, despite the company losing more than $50 billion of value after two crashes.
The Fed's rate hikes are about to slam the stock market with a lag, according to Francis Trahan, the new chief US equity strategist at UBS.
Home Depot and Lowe's stand to benefit from American homeowners' home-improvement plans in the coming months, according to UBS.
Mark Haefele, global chief investment officer at UBS, spoke to Business Insider at Davos about how his firm is investing around the trade war.