UBS On-Air: House View

House View Daily | US midterms: Blue wave ushers in gridlock

Democratic control of Congress may raise political noise and fiscal uncertainty, but investors should avoid repositioning portfolios around the election result alone.

House View Daily | US midterms put Congress in play

The composition of Congress may shape the policy debate, but investors should stay anchored to the fundamental forces driving markets.

House View Daily | Tech sell-off highlights rising scrutiny of AI spending

The US stock market fell sharply on Friday as investors scrutinized potential returns on the AI investment cycle. While the 3Q earnings season is demonstrating that under

House View Daily | Build resilience as tech volatility rises

Concerns about AI capital spending and renewed geopolitical risks have weighed on equities. But resilient economic growth, robust demand for AI infrastructure, and strong

House View Daily | AI delivers despite volatility

Accelerating cloud revenue and continued investment indicate that AI demand remains robust. We believe AI remains a key market growth engine, though investors should favo

House View Daily | Measured Fed tightening should not derail markets

The Fed is likely to tighten policy further in the coming months despite an expected hold today. But we think market pricing remains too hawkish. Investors should maintai

House View Daily | Diversify beyond the AI rally

The latest tech-led advance reflects continued confidence in AI demand, but high expectations and company-specific risks strengthen the case for looking beyond a narrow g

Jumpstart | Your guide to the week ahead

This week we take a look at whether the Fed will remain patient as energy costs sustain inflation risks. If earnings can support further equity gains beyond the AI trade,

House View Daily | Build resilience as oil prices climb

Continued attacks in the Middle East have pushed Brent crude above USD 111/bbl, adding to concerns over energy supplies and inflation. But the global energy system’s capa

House View Daily | Strengthen portfolio defenses as volatility rises

Questions around AI profitability, elevated rates, and geopolitical tensions may keep markets volatile through the earnings season. Yet we remain constructive on equities

House View Daily | Tech earnings face the returns test

US mega-cap technology companies' earnings should provide fresh evidence of the strength of cloud growth, digital advertising, and AI adoption. Investors will also look f

House View Daily | AI fundamentals remain robust despite market volatility

Funding pressures are testing the growth model of specialized cloud infrastructure providers, but demand for AI compute remains robust. Resilient semiconductor earnings a

House View Daily | Quality bonds for income and diversification

While bond market volatility may persist, elevated yields and the potential for less Fed tightening than markets expect strengthen the outlook for fixed income. We contin

House View Daily | Higher inflation need not derail US assets

US inflation accelerated more than expected in September, increasing expectations for further Federal Reserve rate hikes. But we do not expect a measured tightening cycle

House View Daily | Semis stumble. Time to reboot expectations?

A sharp sell-off in semiconductor stocks has reignited questions about the durability of the AI trade. But with earnings expectations still strong, cloud growth accelerat

House View Daily | Strong 3Q earnings can send US equities higher

Higher energy prices and geopolitical risks may fuel near-term volatility, but AI demand, a healthy cyclical economy, and resilient consumer spending should support anoth

House View Daily | Commodity fundamentals speak for further upside

Geopolitical and macro uncertainties are driving near-term commodity volatility, but tight supply and durable demand remain supportive of the outlook. We see broad commod

House View Daily | AI demand remains robust despite market jitters

Recent adoption, semiconductor revenue, and cloud-growth data continue to point to healthy AI demand. While volatility may persist as the trade matures, investors should

House View Daily | Stay invested near record highs

US stocks eased from record highs as elevated Treasury yields, rising oil prices, and renewed geopolitical risks weighed on sentiment. But waiting for these concerns to f

House View Daily | US equities can gain further after record highs

The S&P 500 reached a record high despite ongoing market risks. We think AI investment, broadening earnings growth, and a resilient US economy should support further gain