Kyle Bass Talks Office Demise 00:01:31 Hedge fund manager Kyle Bass foresees a 10% hit to U.S. banking equity due to the post-COVID trend away from office space. Speaking with Bloomberg Markets, Bass predicted a $200 to $250 billion dollar loss from the office sector of commercial real estate. He highlighted industrials, multi-family and data centers as pockets of opportunity moving forward. Create new playlist Create new playlist Mirae: Rate Cuts Are a Second-Half 2024 Story 00:01:46 Investors need to temper their expectations for rate cuts according to Rahul Chadha, Chief Investment Officer of Mirae Asset Global Investments. Speaking on Bloomberg Markets earlier today, he pointed to labor strikes around the world and sticky wages as headwinds for Central Bankers in the near to medium term. Create new playlist Create new playlist Jefferies: China Headlines Worse Than Reality 00:01:23 Reports of China's economic downturn have been exaggerated in the West according to Jefferies Global Head of Equity Strategy Chris Wood, who sees a short-term buying opportunity as investors take flight. Speaking from the Jefferies Asia Forum, Wood doubled down on India, which he called his favorite Asian market for the past two decades. Create new playlist Create new playlist iCapital: Pullbacks Could Entice Investors Looking to Get Back into Markets 00:01:36 iCapital Chief Investment Strategist Anastasia Amoroso thinks the economy is still showing a lot of strength, so she doesn’t expect to see a severe correction or recession this year. However, she says pullbacks are probable and could be enticing for investors looking to get back into the markets. Create new playlist Create new playlist Morgan Stanley: U.S. Economy Cooling Off, Not Cold 00:02:19 Morgan Stanley Chief Global Economist Seth Carpenter says that a soft landing remains the most likely outcome for the U.S. economy. Speaking with Tom Keene on Bloomberg Surveillance, Carpenter added that while more drag from monetary policy is likely to slow the market in the months ahead, recession is still not the base case scenario. Create new playlist Create new playlist Fidelity: China Stocks Remain ‘Top Call’ 00:01:53 As forecasters slash growth estimates for China amidst weakness in the property sector, many investors have turned bearish on the world’s second-largest economy. But according to Fidelity International Director Catherine Yeung, they may be missing one of the most attractive buying opportunities in years. Speaking on Bloomberg Daybreak: Asia, Yeung made the case for Chinese equities, arguing that from a valuations perspective, the bad news appears to have already been priced in. Create new playlist Create new playlist Load More
