# UBS On-Air: Paul Donovan Daily Audio 'Equity volatility, economists’ indifference'

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-equity-volatility-economists-indifference
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-equity-volatility-economists-indifference.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-06-23T07:30:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260623-equity-volatility-economists-indifference.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260623-equity-volatility-economists-indifference.mp3
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JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/ubs-on-air-paul-donovan-daily-audio-equity-volatility-economists-indifference
Duration seconds: 152

## Resource

Technology equities exhibited some volatility overnight (South Korea’s markets falling quite noticeably). This is not caused by shifting economic expectations, allowing economists to exhibit indifference. It is too soon to be talking about wealth effects, and for now, consumers’ desire to consume should outweigh any consequences of market volatility.

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## Transcript

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