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cover of episode Trump's First 100 Days, Magnificent Seven Earnings in Focus

Trump's First 100 Days, Magnificent Seven Earnings in Focus

2025/4/30
logo of podcast Bloomberg Daybreak: Asia Edition

Bloomberg Daybreak: Asia Edition

AI Deep Dive Transcript
People
D
David Nicholson
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Joe Mathieu
M
Mary Nicola
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Joe Mathieu: 我认为特朗普的100天讲话更像一场竞选集会,他重提了竞选期间的论点,并且表达了他对自身经济政策,特别是关税政策的不满。他似乎很清楚民众对其经济政策的不满,但他仍然相信,一旦贸易政策到位,经济增长就会出现。他还批评美联储主席鲍威尔,认为自己比鲍威尔更懂利率。 总的来说,特朗普的讲话反映出他对当前经济形势的担忧,以及他对关税政策的坚持。但他对股市波动的评论却很少,这与他第一任期内对市场的关注形成对比。 Mary Nicola: 由于贸易战带来的不确定性,许多公司撤回了业绩预期,亚太地区的公司也面临着更大的压力。虽然目前有一些国家正在与美国进行贸易谈判,但美中之间的对话缺失。中国正在加强民族主义,并准备在必要时采取措施以保持经济增长。投资者对中国股市的持续上涨持谨慎态度,因为美中紧张关系持续存在。 中国经济数据,特别是PMI和CPI,将对市场情绪产生重大影响。美国试图联合其他亚太国家对抗中国,而中国则采取魅力攻势,这使得其他国家难以抉择。 David Nicholson: 关税的影响已经隐含在市场预期中,对公司业绩和预期造成了负面影响。消费者的不确定性导致消费情绪下降,这反过来又影响了企业业绩和预期。一些公司可能会利用关税作为业绩不佳的借口,而实际原因可能是人工智能投资回报率尚未实现。宏观经济的不确定性可能会影响Meta等公司的广告业务收入。 Meta等公司在人工智能领域的竞争中,苹果公司具有最大的内在优势。监管风险是真实的,但对Alphabet和Meta等公司进行强制拆分不太可能发生。

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As the S&P 500 closed higher for five consecutive sessions, the American equity benchmark posted its longest winning streak since November. Monday marked the fifth time in the past month the index fully wiped out an intraday gain or drop of 1% or more. The number of reversals already matches the total seen in the entire year of 2024. After the US close, President Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office. We break down Trump's remarks with Joe Mathieu, Host of Bloomberg's Balance of Power.

As uncertainty around US tariffs looms over global markets, investors in Asia are looking ahead to key economic data from China to get a sense of the macro environment. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore.

Plus - four of the so-called Magnificent Seven - Microsoft Corp., Apple Inc., Meta Platforms Inc. and Amazon.com Inc. - are due to report earnings this week. Analysts expect the group — which also includes Google-parent Alphabet, Tesla Inc. and Nvidia Corp. — to deliver an average of 15% profit growth in 2025, a forecast that's barely budged since the start of March despite the flareup in trade tensions. We preview the numbers with David Nicholson, Chief Research Officer at The Futurum Group.

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