We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode APAC Markets Open Higher as Geopolitical Risks Loom

APAC Markets Open Higher as Geopolitical Risks Loom

2025/5/21
logo of podcast Bloomberg Daybreak: Asia Edition

Bloomberg Daybreak: Asia Edition

AI Deep Dive AI Chapters Transcript
People
A
Alberto Musalem
B
Brian Vendig
H
Helen Zhu
R
Ray Dalio
Topics
Alberto Musalem: 我认为关税的提高和更广泛的应用,以及由此引发的强烈反击,都超出了我和许多其他人的预期。与贸易伙伴的持续谈判可能会显著且持久地降低关税,就像最近宣布的与中国互惠关税降低90天一样。关税无疑会对经济增长和劳动力市场带来负面影响。 Helen Zhu: 我认为当前的经济数据有很多噪音。政府的支持和刺激政策在短期内对制造业和基础设施投资有显著影响,但难以迅速改变消费者的行为。同时,由于贸易战,许多经济活动的时间安排发生了变化。我认为已经提高的关税不太可能恢复,中美之间将会达成某种妥协。中国最终将面临比其他国家更高的关税,以激励供应链转移出中国。市场对中美贸易的定价反映出相对温和的结果。 Brian Vendig: 我认为短期内,关税已经对经济造成损害,企业领导者表示招聘和投资放缓,消费者有所退缩。如果贸易谈判取得进展,商业界和消费者信心恢复,那么今年下半年经济仍有机会增长。短期内滞胀是一个风险,因为我们将开始看到价格上涨开始显现。由于政府支出水平的不确定性,债券市场表明对持有国债缺乏信心。

Deep Dive

Shownotes Transcript

Benchmarks in Australia, South Korea and Japan all climbed in early trading Wednesday, pushing a gauge of Asian shares 0.4% higher. Geopolitical tensions may add headwinds to the markets, which had calmed recently after a month of turmoil from the tariff blitz unleashed by US President Donald Trump. We look at how the tariff story is resonating through the Asia-Pacific with Helen Zhu, Managing Partner and Chief Investment Officer at NF Trinity.

Plus - oil rose after CNN reported that US intelligence had suggested Israel is making preparations for a possible strike on Iranian nuclear facilities. Stocks in Asia advanced on Wednesday. West Texas Intermediate gained 1.5% to $62.96 a barrel. It's not clear that Israeli leaders had made a final decision to carry out the strikes, CNN said, citing unnamed officials. Contracts for the S&P 500 and the Nasdaq 100 were down 0.1%, paring most of their losses earlier in the day. We get reaction to the day's macro headlines from Brian Vendig, President and Chief Investment Officer at MJP Wealth Advisors.

See omnystudio.com/listener) for privacy information.