UBS' Jason Draho on market outlook

The video discusses market sentiment and volatility trends, highlighting the recent patterns in price action and the implications of the upcoming election. It explores the economic recovery, stock valuations, and the potential for a new bull market. The discussion also covers asset allocation strategies, focusing on the relative appeal of equities over bonds and credit. Finally, it addresses the impact of the election on markets, fiscal spending, and long-term economic factors like interest rates and inflation.

What are the implications of the current market volatility as discussed in the text?

How does the speaker view the relationship between economic recovery and stock valuations?

In what ways does the speaker suggest that investors should approach the current market conditions?

What is the speaker's perspective on the current asset allocation strategy?

What concerns do investors have regarding the potential impact of the election on the markets?