The biggest near-term risk for markets is lofty expectations, not the economy or geopolitics: CIO

• U.S. economy is resilient with moderate growth; inflation and Fed policy are not problematic.
• The primary market risk is 'expectations' in the tech/AI sector, exemplified by Broadcom's post-earnings correction despite beating numbers.
• While expecting volatility, Albion Financial Group remains constructive on U.S. equities, suggesting buying dips in high-quality chip stocks and reasonably priced mega-cap tech.

Jason Ware of Albion Financial Group believes the U.S. economy remains resilient with moderate growth, but the biggest near-term risk to markets is lofty expectations in the tech/AI sector, not traditional economic factors. He anticipates increased volatility due to these high expectations but remains constructive on U.S. equities, viewing pullbacks in high-quality tech and chip stocks as buying opportunities for long-term investors.