Erik Woodring

Erik Woodring, Head of the U.S. IT Hardware team at Morgan Stanley, dives into the complex world of tariffs and their effect on tech hardware. He discusses how recent trade policies have led to panic buying of smartphones, despite confusion over exemptions. Erik explains the 'China plus one' strategy, highlighting its role in mitigating tariff impacts. He also delves into the challenges of relocating production to the U.S. and the long-term solutions companies are considering to navigate the uncertain tech market landscape.

Jeremy Siegel, a Wharton finance professor and Wisdom Tree's chief economist, shares insights on the bullish stock market rally fueled by positive job reports and hopeful U.S.-China trade talks. Eric Woodring, Morgan Stanley’s leading Apple analyst, discusses the tech giant's challenges with tariffs and investor sentiment as they prepare for a pivotal developer conference. Megan Casella highlights the intricacies of trade negotiations and their potential impact on corporate profitability, emphasizing the balance of offensive and defensive strategies in today's market.