Why Cash Isn’t King for UBS's Simon Smiles

Simon Smiles, chief investment officer at UBS Wealth Management, talks about dissent at the Federal Reserve, his investment strategy on cash and U.S. equities, the central bank's rate path, and what he sees as the biggest risks to markets. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (06/08)
11:22 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Robert Ray, former federal prosecutor and Whitewater independent counsel, and Sen. Joe Manchin, a member of the Senate Intelligence Committee and a Democrat from West Virginia. (Source: Bloomberg)
  • UniCredit Sees Euro Higher If ECB Delivers for Markets
  • Full Show: Bloomberg Daybreak: Americas (06/05)
  • Credit Suisse's Varnholt Says Internet Killed Inflation