KC Mathews on Recessions

Casey Matthews, UMB Bank's CIO, discusses the tech sector's rally, market valuation, and the importance of diversification. He addresses concerns about market concentration in big tech and provides an economic outlook for 2020, predicting moderate growth and returns. Asset allocation strategies, such as the 60/40 portfolio, are highlighted for managing risk and achieving acceptable returns.

What factors are driving the massive rally in the tech markets according to Casey Matthews?

How does Casey Matthews view the valuation of the market in relation to earnings growth?

What concerns does Casey Matthews express regarding the concentration of market gains in a few big tech names?

What is the significance of the 6040 portfolio mentioned in the discussion?

How does Casey Matthews suggest investors should approach asset allocation?

What is the overall economic outlook for 2020 as described by Casey Matthews?

According to Casey, what are the expected total returns in the stock market for 2020?