Why a prolonged conflict risks a growth shock

Last week brought reprieves to US military strikes on Iranian power facilities, but not much in the way of credible ceasefire negotiations in the US-Iran conflict. That means uncertainty persists as investors await for signs of either escalation in the conflict or de-escalation. Jason Draho, Head of Asset Allocation Americas from the UBS Chief Investment Office, drops by to provide some clarity and guidance around portfolio positioning. Host Daniel Cassidy