Investor optimism continues upward trend

Great expectations UBS Investor Watch Pulse June 2018

Optimism on the rise Feeling confident about personal situation

Mixed signals on North Korea

Strong views on trade

12-month economic outlook

6-month stock market outlook

“I’m confident about achieving “my long-term goals.”

“I feel very good about my “current finances.”

April May JuneApril May June

60%

52%

44%

65%60%

54%

79%

80%

65% 35%

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But only

75%“The U.S. can get concessions “from China without a trade war.”

80%“A trade war would only “hurt both countries.”

55%“The U.S. should place more “tariffs on Chinese imports.”

Say the summit was a success for the U.S.

Believe North Korea will denuclearize

But

Investors cite key factors in the midterm elections

Investors weigh in on Trump's policies

About the survey: UBS surveyed 510 High Net Worth Investors with at least $1M in investable assets from June 11 – 13, 2018.

© UBS 2018. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC. Expiration: 6/30/2019 Review Code: IS1801899 Approval date: 6/22/2018 2018-56024

ubs.com/fs

Investors support higher interest rates

“I support the Fed raising “interest rates.”

“Changes to interest rates “impact my investment choices.”

79%

56%

The economy

55%major factor

34%minor factor

2 of 2

49%Approve

What does it all mean for your financial future? Talk to your UBS Financial Advisor.

VS.

25%minor factor

The President’s governing style

55%major factor

VS.