Asks if market skittishness will spread across asset classes.
Katie Greifeld
Gargi Chaudhuri
Market skittishness is due to positioning and rotation within tech/AI, not weaker fundamentals. Economy strong, inflation falling, earnings strong.
Asks how to position given strong economy vs. AI fears.
Katie Greifeld
Gargi Chaudhuri
Diversify within AI theme: look at AI infrastructure and EM for earnings growth. EM inflows are remarkable due to structural underallocation, not valuations.
Asks if she will revise her recent outlook.
Romaine Bostick
Gargi Chaudhuri
Data changes constantly; rethink defensive parts of AI like semiconductors/hardware.
Asks what serves as a hedge given unreliable bond-equity correlation.
Katie Greifeld
Gargi Chaudhuri
In risk-off, belly of curve gives some income. Seek diversifiers like gold, silver, liquid alternatives for protection without beta.