# Top of the Morning: CIO Strategy Snapshot - Policy puts vs. errors

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/top-of-the-morning-cio-strategy-snapshot-policy-puts-vs-errors
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/top-of-the-morning-cio-strategy-snapshot-policy-puts-vs-errors.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-05-18T16:54:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260518%20-%20Top%20of%20the%20Morning.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260518%20-%20Top%20of%20the%20Morning.mp3
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Duration seconds: 976

## Resource

Higher inflation and rates are near-term challenges. Policy-makers may respond by either exercising their policy "puts" or by making policy errors, both of which would impact near-term market performance. With the unofficial start of summer beginning this coming weekend, a question that investors may be asking is whether they should sell in May before they go away. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy

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## Transcript

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