Asset allocators should prepare for continued bouts of volatility, as negative asymmetry in market fundamentals, valuations and technicals is causing investors to trim equity exposure and move up the capital stack. Trevor Slaven, Global Head of Asset Allocation and Multi-Asset Portfolio Solutions at Barings, joins Damian Sassower, Bloomberg Intelligence’s Chief EM Fixed Income Strategist, to assess the AI-induced transformation taking place across the global economy. Slaven and Sassower explore the impact of IT-related capital expenditure on labor markets, inflation expectations and corporate margins, with high-beta asset classes exposed to greater downside risk.Listen to this episode on Apple Podcasts and Spotify.