UBS’s Khan Says Real Risk Is ‘Stagflation’ Amid Tariff Dispute
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UBS Group AG’s Asia Pacific President Iqbal Khan said the real risk facing investors is stagflation as he sees “pockets of opportunity” amid uncertain markets.
“The biggest question if you think about risk — I don’t think it’s a question of how much growth we will have or not — it’s stagflation,” Khan said at Bloomberg family office summit in Hong Kong on Thursday. “That’s the real risk out there and that’s what everybody wants to avoid. And I think most of the central banks including the Fed is clearly very very focused on that.”