UBS Investor Watch Pulse July 2018

Confidence intact
Investor optimism high, despite trade concerns

Outlook stays positive Optimistic about personal finances

65% 62%
60% 60% 59%
“I feel very good about my
52%
83% “current financial situation.”

May June July May June July

80% “I’m confident about achieving
“my long-term goals.”

12-month 6-month stock

economic outlook market outlook

Top concerns Investing plans (next six months)

64%
Political environment in Washington
69%
Keep investments the same

18%
56% Increase investments

Size of national debt

13%
Decrease investments

Concerns grow over trade dispute >

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Growing concerns on U.S.-China trade dispute Most believe China engages in unfair trade practices

92%
“It’s the start of a trade war.”

April 19%
June 29%
July 31%

Approve of additional tariffs on China…

“It’s more talk than action.”

April
June
July 42%
52%
62%

59%
… but less so with other trade partners
“I’m not sure.”

April 19%
45% 43% 33%
June 19%
July 27%
Mexico Europe Canada

A trade war will have a negative impact on:

74%
The U.S. economy
76%
The U.S. stock market
62%
Personal finances

Looking ahead: key factors in the midterm elections

55% Trump’s governing

style 52% Performance of
the economy 48% Foreign policy
issues

How could these trends impact your financial future? Talk to your UBS Financial Advisor.

About the survey: UBS surveyed 501 High Net Worth Investors with at least $1M in investable assets from July 16 -18, 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: 7/31/2019 Review Code: IS1802180 Approval date: 7/26/2018 2018-72856

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