Top of the Morning: ‘CIO Strategy Snapshot - What’s driving the market selloff?’

Jason Draho, the Head of Asset Allocation Americas at UBS Chief Investment Office, dives into the current market turmoil. He explores the causes behind the recent sell-off, including macroeconomic signals and recession fears. Jason shares insights on investor sentiment, revealing a 20-25% chance of a recession in the next year. He contrasts traditional cautious strategies with aggressive moves by hedge funds, particularly spotlighting opportunities in the tech sector. Stay informed and ready to navigate these volatile times!