Evan Brown

Evan Brown, Portfolio Manager and Head of Multi-Asset Strategy at UBS Asset Management, shares insights on the macroeconomic landscape. He discusses the paradox of strong U.S. GDP growth amid a weakening labor market, highlighting consumer resilience and AI investments. Evan tackles tariff-induced inflation, predicting it may stabilize around 4%. He also explores Asia's growth potential, especially through innovation in China and reforms in Korea. Finally, he warns about key risks to the U.S. economy, including potential recession and inflation resurgence.

Evan Brown, a portfolio manager at UBS, believes the Fed is likely to continue cutting rates, while Kelsey Berro from JPMorgan argues there's justification for a more aggressive 100 to 150 basis point cut due to decreasing inflation. Jay Bryson, chief economist at Wells Fargo, highlights a 30% to 35% risk of recession within the next year, especially in light of rising jobless claims. They dive into the implications of fiscal stimulus in China, the labor market's current state, and varying investment strategies for an uncertain economic future.

This podcast discusses AI regulation efforts in Utah and the EU, Microsoft's AI advancements, Nvidia's powerful AI chips, and Apple's potential partnership with Google for AI features. It also touches on generative AI, ethical concerns, and the future of AI and robotics.