Bloomberg Daybreak: Asia Edition APAC Stocks Dip After US Selloff; Suntory Holdings CEO Takeshi Niinami
Apr 22, 2025
Takeshi Niinami, Chairman and CEO of Suntory Holdings and Senior Economic Advisor to Japan's Prime Minister Ishiba, discusses the troubling implications of U.S. tariffs on international trade. He highlights Japan's firm stance in upcoming trade negotiations, stressing the need to protect national interests. Niinami voices concerns about market volatility and the effects of U.S. monetary policy on global markets. The conversation also touches on Japan's strategies in navigating trade challenges while fostering free trade initiatives in a shifting economic landscape.
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Market Anxiety from Fed Criticism
- Trump's criticism of Fed Chair Powell unsettles markets and raises anxiety about rate cuts.
- Investors worry about the risks of premature cuts amid potential inflation and economic weakening.
Stagflation and Treasury Yield Strategy
- The economy might face stagflation risks combining inflation with weakening growth.
- Treasury short-end yields offer stability while the long end is more volatile but could appreciate if conditions weaken.
Dollar Weakness and Global Volatility
- The dollar weakened amid concerns it may lose reserve currency status.
- A weaker dollar adds another layer of volatility affecting global markets.