Bloomberg Daybreak: Asia Edition Fed Rate Cut Bets Fuel Rally, Commerce's Lutnick on US-China Deal
8 snips
Jun 27, 2025 
Rebecca Walser, President at Walser Wealth Management, shares expert insights on the recent rally in Asian stocks, driven by optimistic expectations for Federal Reserve rate cuts. She discusses how calming geopolitical tensions are influencing market dynamics, especially in Japan, South Korea, and Australia. Additionally, Lutnick, Commerce Secretary, reveals a finalized trade deal between the U.S. and China, focusing on rare earths crucial for various industries. The conversation weaves together market trends and trade agreements shaping economic futures.
AI Snips
Chapters
Transcript
Episode notes
Fed Rate Cut Timing and Implications
- The Federal Reserve is unlikely to cut rates aggressively before July 9 due to trade uncertainty.
- Three cuts in the latter half of the year would imply systemic problems not currently evident.
Potential Fed Chair Impact
- Naming a more dovish Fed chair before Powell's term ends could unsettle markets.
- Markets fear policy reversals if a successor dramatically shifts direction.
Tariffs and Supply Chain Security
- U.S. dependence on China for pharmaceuticals weakens national security.
- Tariffs might be justified to ensure critical supply chains stay domestic.