Bloomberg Daybreak: Asia Edition Markets Open Higher on US Tech Tariff Pause
10 snips
Apr 14, 2025 
Chuck Cumello, President and CEO at Essex Financial Services, shares insights on market strategies amid fluctuating tech tariffs. Mark Matthews, Head of Asia Research at Julius Baer, discusses the implications of the U.S.-China trade war on Asian markets. They analyze the recent optimism as Asian stocks rise following a tariff pause on consumer electronics. The duo emphasizes the need for long-term investment strategies and diversification while navigating a volatile economic landscape, highlighting the potential in technology stocks and Japan's robust companies.
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Episode notes
Market Uncertainty
- The U.S. market needs more certainty and less policy chaos coming from Washington.
- This will help stabilize the markets and reduce stress for investors.
Recession Risk
- Recession risk has increased substantially in the past three weeks.
- The current market sentiment, driven by uncertainty and looming threats, feels different.
Bond Market Signals
- The bond market's unusual behavior, with bond prices and yields not moving down during a market downturn, signaled a problem.
- This ultimately caught the president's attention and led to a market pivot.