QMA’s chief investment strategist has significantly pulled back the firm’s risk exposure during the past few weeks due to the escalating U.S.-China trade war.
Ed Keon, who runs more than $50 billion in multi-asset portfolios for QMA, says stocks are in a danger zone because it’s becoming increasingly unclear whether a resolution on tariffs is coming.
“We’re not bears. We just think this is a period of unusual uncertainty,” he told CNBC’s “Futures Now ” on Tuesday. “It’s a question of balancing risk and expected return.”
