Geopolitical uncertainty, tighter monetary policy, and a maturing global cycle are contributing to more turbulent markets.As the economic cycle advances, investors will need to be ready for ongoing volatility. In this document UBS reveals its house view for 2019 and indicates where there are still attractive opportunities around the globe.

Year Ahead 2019 – UBS House View. This report has been prepared by UBS AG, UBS Switzerland AG and UBS Financial Services Inc.. Please see the important disclaimer at the end of the document.

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