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Tech Selloff: UBS Is ‘Bullish’ on AI, Sees Fed Cuts Boosting Equities

DeFi Daily News by DeFi Daily News
August 20, 2025
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Tech Selloff: UBS Is ‘Bullish’ on AI, Sees Fed Cuts Boosting Equities
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Mark Andersen, global asset allocation co-head at UBS Wealth Management, discusses the outlook for technology earnings, stocks and the prospect of lower US interest rates. “We lean to the bullish side on AI,” Andersen tells Bloomberg Television. A sharp selloff in heavyweight tech shares dragged markets lower on Tuesday.
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Tags: Anna Edwardsasset allocationBoostingBullishCutsEarningsEquitiesfedfed ratesGuy Johnsoninvestment strategyMark AndersenMarketsrate cutsSeesSellOffstocksTechtech stocksUBSUS stocks
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