Top of the Morning: CIO Strategy Snapshot - Rotation drivers

Jason Draho, the Head of Asset Allocation Americas at UBS Chief Investment Office, sheds light on recent market rotations and what drives these changes. He discusses the disparities between tech and small-cap stocks, along with the implications of inflation trends and upcoming earnings reports. As the July jobs report approaches, he highlights critical labor market indicators and their potential impact on investment strategies. Draho also offers insights on portfolio positioning, emphasizing a balanced approach amidst current market dynamics.