Top of the Morning: CIO Strategy Snapshot - Jackson Hole & UBS House View

Jason Draho, Head of Asset Allocation Americas at UBS Chief Investment Office, shares insights from the Jackson Hole Symposium regarding potential interest rate cuts. He discusses the shift towards prioritizing full employment and its impact on the markets. Listeners will learn about UBS's updated asset allocation preferences, including a focus on financials and utilities. Additionally, Draho highlights key upcoming market events, like Nvidia's earnings, emphasizing their implications for AI stocks and the broader economic landscape.