Yahoo Finance

Sophie Huynh, portfolio manager at BNP Paribas, says there is an opportunity to sell into equity market rallies in expectation of a US recession. "Hard data are still resilient, soft data are pointing to south, and we think that hard data will basically come down in the coming months and quarters," Huynh tells Bloomberg Television. "We're taking advantage to basically short US small caps to further expose our portfolio to potentially a recession."