Stuart Kaiser, head of equity derivatives research at UBS Group, says investors should pursue underperforming U.S. tech and rates-sensitive bank stocks as “outside” hedges against recent market volatility. “If you’re worried about a snapback then U.S. tech and potentially EM, China are the areas of the market that have underperformed most. If you’re worried about kind of rate risk then only financials give you a little bit of insulation,” Kaiser says on “Bloomberg Surveillance.”
Credit: YouTube/Bloomberg Markets and Finance
