The summer 2023 global market playbook – Ayesha Akbar

Today we welcome Global Asset Allocation Portfolio Manager Ayesha Akbar to the program. She discusses the strong American labour market, its implications for future Fed rate cuts, and the regions in which she sees significant opportunity. Ayesha explains to host Pamela Ritchie that although chances of a recession remain high, she hopes it will follow a normal cyclical pattern. She sees opportunity in places like the United Kingdom and Japan, particularly within the Energy Sector which remains incredibly cheap. Speaking to productivity and recent developments in A.I., Ayesha says that the technology is in its early days, although the potential is certainly there. Healthcare and semi-conductor stocks are two sectors she could see benefitting as A.I. capabilities continue to be realized.

Recorded on June 9, 2023.

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