Bloomberg Daybreak: Asia Edition

The Fed Holds Steady, Meta's 2Q Revenue Beat

Aug 1, 2024
In this discussion, Seema Shah, Chief Global Strategist at Principal Asset Management, shares insights into the Federal Reserve's careful stance on interest rates amid an economic slowdown. Kurt Wagner, a Bloomberg Tech Reporter, dives into Meta's strategy of balancing AI innovation with long-term metaverse goals. Raisah Rasid, a Global Market Strategist at JPMorgan, highlights global challenges including China's growth and Japan's economic conditions, alongside the potential for equity markets amid shifting labor dynamics and geopolitical risks.
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