Bloomberg Daybreak: Asia Edition

Michael McKee, Bloomberg's international economics and policy correspondent, dives into the implications of U.S. inflation data and Fed policy, highlighting the affecting 'Fearsome Five' price pressures. Also joining is John Liu, Bloomberg's chief China correspondent, who explores China-Japan relations, the impact of Venezuela on China's oil strategy, and China's evolving trade partnerships with Europe and Latin America. They discuss the shifting landscape of both U.S. banking and the UK's property market, revealing key economic trends to watch.

Winnie Su is an Asia equities reporter based in Hong Kong, specializing in market trends and technology. She discusses the decline in Asian technology shares and how cheaper valuations could ease bubble fears. Karishma Vaswani, a Bloomberg Opinion columnist focusing on geopolitics, analyzes the split in U.S.-China relations and argues that a world of defined spheres of influence may benefit Beijing. She also highlights China's strategic interests in Venezuela and the potential implications for Taiwan and regional security.

Paul Dobson, Executive Editor for Asia Markets at Bloomberg, shares insights on Asian equities and market reactions, particularly following Samsung's preliminary earnings. He discusses the implications of rising defense spending in Asia and the impacts of China’s rare-earth export controls. Meanwhile, Vandana Hari, Founder of Vanda Insights, delves into the US government's control of Venezuelan crude, outlining the potential shifts in global oil flows and the associated geopolitical risks, including the effects on Canadian crude prices.

Garfield Reynolds, Bloomberg's Asia Markets Live team leader, dives into the rising tensions between China and Japan, sparked by Prime Minister Takeuchi's comments on Taiwan, and discusses Beijing's preference for economic pressure over military threats. He also explores how U.S. access to Venezuelan oil could influence global markets. At CES, Nvidia CEO Jensen Huang and AMD CEO Lisa Su share insights on AI advancements and their impact on factory automation and energy efficiency, showcasing a future driven by technological innovation.

Annabelle Droulers, a Bloomberg reporter at CES, dives into NVIDIA's exciting announcements, including the Alpamayo AI model aimed at enhancing autonomous vehicles' decision-making. Meanwhile, Andrew Skadoff, Chief Investment Officer at Bancreek Capital Advisors, explores how to sift through market noise from geopolitics to central bank policy. He advises on the risks of tech concentration and highlights small-cap opportunities for steady growth. Together, they unpack the evolving landscape of AI, energy markets, and investment strategies.

Viraj Patel, Head of Asset Allocation at Fiduciary Trust International, outlines the immediate fluctuations in oil prices following Nicolás Maduro's capture and the long-term challenges of restoring Venezuela's oil production. Alicia Garcia Herrero, Chief APAC Economist at Natixis, delves into China's strong ties with Venezuela, discussing potential impacts on investment and trade dynamics. The duo explores the broader implications of geopolitical events, including Taiwan risks, and the current resilience of the U.S. economy driven by consumer spending.

Mike McGlone, Senior Commodities Strategist, shares insights on gold's potential rally in 2026 and the pressures pushing crude oil lower, hinting at a deflationary trend. Kate Crader, Food Editor, discusses the evolving culinary landscape in Europe, highlighting the contrasting fortunes of London's restaurant scene. James McIntyre, an economist in Sydney, analyzes Australia's economic outlook, discussing the impacts of migration and AI on labor, while suggesting a cautious approach to interest rate hikes amid inflation surprises.

Paul Dobson, Bloomberg's Executive Editor for Asia Markets, reveals a positive start for US equities and South Korea's export resilience, driven by semiconductor demand. Stephanie Leung, Chief Investment Officer at StashAway, discusses China's ambitious AI advancements and the contrast between US and Chinese tech goals. They dive into the implications of China's growing innovation capabilities, the cautious outlook on industrial profits, and the mixed signals from the property market, providing a comprehensive view of the Asia-Pacific economic landscape.

Gene Munster, Managing Partner at Deepwater Asset Management and tech analyst, teams up with Dan Ives, Global Head of Tech Research at Wedbush Securities, to discuss the future of technology. They emphasize the ongoing growth of AI, comparing it to early innings in a game. Munster highlights NVIDIA's pivotal role in AI advancements. Both predict strong performance from various tech giants, including a favorable outlook for Tesla driven by autonomy innovations. They also suggest that small-cap tech is set to outshine larger players in the coming year.

John Authers, a Bloomberg Opinion columnist, dives deep into capitalism's historical shifts and how AI could spark a new industrial revolution. Tim Craighead, Director of Equity Research, shares insights on European stocks set to shine in 2026, highlighting key catalysts in various sectors. Meanwhile, John Lee, a research content manager, outlines the Asian equity landscape, discussing China’s export reliance and India’s growth story. The conversation is packed with thought-provoking ideas on the future of finance and market dynamics!