Business
China Stocks: Stay Away or Entry Point?
Catherine Yeung, investment director at Fidelity International, discusses the prospects for China’s economy and stocks. A gauge of Chinese stocks in Hong Kong dropped over 20% from its recent peak to enter a bear market earlier this week. Yeung speaks with Yvonne Man on “Bloomberg Markets: China Open.”
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Business
Young Travelers Are Warming Up to Cruises
On Bloomberg This Weekend, Bloomberg News travel journalist Brittany Chang explains why cruises are attracting more Gen Z and millennial travelers as higher airfare and hotel costs make all-inclusive vacations increasingly appealing. Chang tells hosts David Gura and Christina Ruffini that cruise lines are courting younger passengers with mega ships, entertainment, adult-only spaces and nostalgia, with some sailings costing as little as about $30 a day.
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Business
BlackRock’s Rieder on Global Bonds, AI
Rick Rieder, CIO for Global Fixed Income at BlackRock, discusses his outlook for global rates and bonds, as well as the outlook for the fundraising on AI, as companies look to raise capital for infrastructure build-out. He speaks exclusively with Paul Allen and Haidi Stroud Watts on “Bloomberg: The Asia Trade”.
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Business
Bloomberg Surveillance 01/31/2024
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets “under surveillance”. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.
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Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day.
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Business
Bremmer: U.S. Retreat From Global Leadership Is a Long-Term Shift
Ian Bremmer says Tuesday’s election should be viewed against structural changes in U.S. policy that are likely to persist regardless of which party holds the White House. He cites weaker support for free-trade agreements and a greater reliance on industrial policy, subsidies and tariffs. Bremmer speaks with Romaine Bostick on “The Close.”
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Business
Opinion’s O’Brien Expects Gridlock in Washington After Democrats Take Back Congress
President Donald Trump congratulated Democrats for doing “a good job” after the party inflicted devastating defeats on his Republican allies, winning back both houses of Congress and picking up several governors’ mansions.
But the president, in an interview with Fox News early Wednesday morning, didn’t take responsibility for a long night of GOP defeats.
Tim O’Brien, Senior Executive Editor: Bloomberg Opinion, discusses the legacy of Donald Trump, his reaction to the GOP loss, and how he may govern in his final two years in office.
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@popcorn6931
December 12, 2023 at 2:29 pm
Don’t stop building those ghost cities
@-TheOracle-
December 12, 2023 at 2:29 pm
Jinping killing all the CEOs and billionaires, I would state it is a power grab and you would be safe to invest. Putin did the same with open windows and the MOEX is doing well.
@boonnathan9827
December 12, 2023 at 2:29 pm
If you’re putting money into China at the moment you are a moron. Chinas heyday has been and gone.
@on2thenextthing
December 12, 2023 at 2:29 pm
The Bloomberg pump and dump.
@lambertois11
December 12, 2023 at 2:29 pm
The answer is clear stay away:
The China real estate and construction material industries have tanked.
The private sector industries are doing massive layoffs!
The official youth unemployment is 21%; can you imagine the real numbers?
Xi Jinping has put the focus on state-owned enterprises (not renowned for their efficiency).
@douglasa.5039
December 12, 2023 at 2:29 pm
Alibaba was my entry point 3 years ago. I will continue to hold for the long term.
@VV-lr7xe
December 12, 2023 at 2:29 pm
stay away!
@alextran7680
December 12, 2023 at 2:29 pm
FAKE IN CHINA and CCP Ponzi Scams. Are you that stupid ?
@hatchegg80
December 12, 2023 at 2:29 pm
what a dumb spiel "cannot afford not to allocate to china" huh?
@justsoso5863
December 12, 2023 at 2:29 pm
Enter point to lose money?If it doesn’t rally half year ,why it could happen in the next half year