Bloomberg Daybreak: Asia Edition
Global Markets Bracing for Volatility Ahead of US Reciprocal Tariffs
Apr 1, 2025
In this discussion, Brad Bernstein, Managing Director at UBS Private Wealth Management, and Ethan Devitt, Chief Global Market Strategist at Moneta Group Investment Advisors, analyze the upcoming U.S. reciprocal tariffs and their potential to spark market volatility. They dive into the effects on emerging markets, particularly in Asia, stressing the importance of diversified portfolios in uncertain times. Insights include navigating recent financial trends and anticipating a cautious but optimistic outlook for the U.S. economy amid tariff implications.
15:12
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Quick takeaways
- The recent U.S. reciprocal tariffs have heightened market volatility, causing investors to reconsider their strategies and seek defensive sectors.
- Despite market uncertainties, there is cautious optimism for U.S. markets outperforming global counterparts, highlighting potential opportunities in smaller and mid-cap stocks.
Deep dives
Market Volatility and Tariff Impacts
Global equities are currently facing heightened volatility, primarily driven by uncertainty surrounding U.S. reciprocal tariffs. The S&P 500 recently experienced its worst quarterly performance compared to international markets since 2009, prompting concerns among investors. Analysts suggest that the market's ability to rally after hitting session lows indicates a potential for buying opportunities, particularly ahead of key tariff announcements. There is speculation that positive movements may follow these announcements, despite the inherent risks associated with tariff policies.
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