Top of the Morning: CIO Strategy Snapshot - Policy put or policy error

Jason Draho, Head of Asset Allocation Americas at UBS Chief Investment Office, dives into the macroeconomic debate of whether a Trump policy put is more likely than a policy error in 2025. He evaluates the recent selloff in U.S. equity markets and assesses indicators like retail sales. The conversation then shifts to Germany’s election outcomes, examining how a new coalition may affect fiscal spending and market stability. Finally, he offers insights on navigating current market uncertainties and the outlook for equity investments.