Episode

UBS On-Air: Paul Donovan Daily Audio 'Policy and data problems'

Podcast
UBS On-Air: Market Moves
Published
Jul 2, 2026
Duration seconds
212
Processing state
not_requested
Canonical source
https://www.ubs.com/content/dam/podcasts/wma/260702-policy-and-data-problems.mp3
Audio
https://www.ubs.com/content/dam/podcasts/wma/260702-policy-and-data-problems.mp3
JSON
/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/ubs-on-air-paul-donovan-daily-audio-policy-and-data-problems
Markdown
/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-policy-and-data-problems.md

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Summary

With the US not working tomorrow, we get June labor market data today. The level of inaccuracy in the data means the monthly changes should not be taken too seriously. The trends are still the same—not too much hiring, not too much firing. The general level of policy uncertainty over the past 18 months encouraged paralysis of corporate decision-making.