Benjamin Huneke on CNBC's Power Lunch

Summary

Benjamin Huneke from Morgan Stanley advises staying conservative and liquid amid high volatility and geopolitical uncertainty. He sees an opportunity in the software sector, believing fears are overblown, and discusses oil price risks depending on the duration of any spike.

• Market volatility is extremely high day-to-day.
• Investors should be more conservative and liquid, reducing portfolio duration.
• The software sector selloff is viewed as an opportunity due to overblown fears.
• AI technology impact on software will be differentiated, not uniform.
• Private credit flow disruption may create opportunities for institutional investors.
• Oil price spike of a month likely modest negative impact; $150-200 range would be significant.
• Iran situation creates binary uncertainty for energy prices and growth.
• Infrastructure damage from bombing could create long-term energy supply issues.