www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSSecuritiesAustraliaLtd.ANALYSTCERTIFICATIONANDREQUIREDDISCLOSURESBEGINONPAGE19.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.GlobalResearch22May2020AustralianEquityStrategyUBSEvidenceLabinside:Adeepdiveontheconsumer'spulseatthepeakofCOVID-19IncomeexpectationsslashedbutspendingintentionsbetterthanfearedThefourthwaveoftheUBSEvidenceLabconsumersurveywasconductedinthefirsttwoweekso...
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