With investors closely watching this week’s Jackson Hole Economic Symposium, Brad Conger shared his insights on the Fed’s potential moves on CNBC Squawk Box Asia. Brad highlighted that while a 50-basis point hike is unlikely, the Fed is poised to opt for a 25-basis point increase, keeping the 50-basis point option in reserve if the data deteriorates. He also emphasized the compelling valuation gap between European and U.S. markets, noting that Europe presents a significant bargain, offering exposure to equities with a margin of safety.

Watch the full interview: https://www.cnbc.com/video/2024/08/16/european-markets-offer-an-extremely-good-bargain-hirtle-callaghan.html