7min chapter

Bloomberg Daybreak: Asia Edition cover image

Archegos Founder Bill Hwang Convicted, Powell Testimony Wraps

Bloomberg Daybreak: Asia Edition

CHAPTER

Global Equities Performance and Sector Opportunities

The chapter delves into the strong performance of global equities driven by tech and AI-related stocks like TSMC and BDR. It emphasizes exploring non-tech sectors such as financials, energy, and industrials showing signs of earnings growth beyond tech. Discussions also include the potential impact of AI adoption on various industries, the expectation of rate cuts from the Fed, and concerns in the Asia Pacific markets related to a Trump reelection.

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