Dovish comments from Fed officials yesterday increased market confidence that the US central bank will act pre-emptively to protect growth.

Global equities declined 0.5% on Thursday, as investors digested a weak start to the second quarter earnings season and reports that US-China trade talks were at an impasse.

At any time, investment decisions (including whether to buy, sell or hold securities) made by UBS and its employees may differ from or be contrary to the opinions expressed in UBS research publications.

Retirees subject to required minimum distributions (RMDs) must take them every year, or they risk being penalized.

The world’s population is set to grow by two billion by 2050, according to UN projections, and a billion will rise to the ranks of the middle class over the next decade.

With the S&P 500 recently hitting another major milestone—passing 3,000 for the first time—it gives us a good opportunity to investigate one intriguing characteristic of investing: “doubling time.”

At any time, investment decisions (including whether to buy, sell or hold securities) made by UBS and its employees may differ from or be contrary to the opinions expressed in UBS research publications.

Historically, an inverted yield curve, where long-term US Treasury yields are lower than short-term rates, has been one of the most reliable indicators that a recession is on the way.

In this week’s House View, my colleague Michael Crook cited the absence of improvements in labor productivity as a principal culprit in the escalating costs of healthcare.

Investors expect to receive an annual return of 10.7% on their portfolios.