Macro Picture Continues to Be Supportive, Coutts Says
AI Summary
CIO Fahad Kamal from Coutts highlights a positive macroeconomic outlook supported by strong labor market data and ongoing investment in AI, supporting risk asset overweight positions as earnings reports remain favorable.
Fahad Kamal, CIO at Coutts, discusses maintaining an overweight position on risk assets driven by a positive macroeconomic environment, supportive labor market data and AI investment. "Everything that we've heard in the earnings reports would suggest that this carries on for now," he tells Bloomberg Television. (Source: Bloomberg)