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Citi Sounds Bear Alarm on Equity Rally

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Mohammed Apabhai, head of Asia trading strategy at Citigroup Global Markets, discusses the rally in equities, the dollar’s impact on Hong Kong stocks and his outlook for China. He speaks on Bloomberg Television.
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12 Comments

12 Comments

  1. @roadto300kusdbtc7

    December 31, 2023 at 6:42 pm

    the euphoria? The sentiment of the last couple of months as the reporter says is the literal opposite of euphoria? Clown alert!

  2. @supadave422

    December 31, 2023 at 6:42 pm

    Another Fed 🍆 smuggler

  3. @method341

    December 31, 2023 at 6:42 pm

    What does the dollar not falling have anything to do with equities falling. The markets are just not that simple.

  4. @bkind1622

    December 31, 2023 at 6:42 pm

    He’s wrong, China is going to rally hard like America did coming out of the Pandemic!

  5. @alexsoccer1196

    December 31, 2023 at 6:42 pm

    Oil instead of Tech I would prefer currently. China coming back will let oil & diesel prices surge.

  6. @filmopfil

    December 31, 2023 at 6:42 pm

    this stupiud suckers rally is way to long lasted alredy

  7. @full__tilt

    December 31, 2023 at 6:42 pm

    These “experts” are usually wrong. Look at Michael Burry, he deleted his “sell” tweet and is in hiding.

  8. @mmercato7174

    December 31, 2023 at 6:42 pm

    🤣

  9. @meyroakabigrem1679

    December 31, 2023 at 6:42 pm

    This guy is entirely missing the fundamental valuation of stocks listed in HK most of which are trading 30-50% below fair value. A much better view to take stocks will over time mean revert to their true valuations.

  10. @laughinginthe90s

    December 31, 2023 at 6:42 pm

    Smart guy, but do him justice and title it according to what market he actually is referring to….

  11. @Israelxox

    December 31, 2023 at 6:42 pm

    What kind of title is this 😂😂😂

  12. @veeecos

    December 31, 2023 at 6:42 pm

    Very misleading title. He is talking about EM markets specifically.

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Maine Democrats Face Tight Senate Deadline

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Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
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AI May Not Solve Demographic Decline

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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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Chipotle CEO on expanding into Mexico

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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc

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Delta Will Do Just Fine With High Fuel Prices, CEO Says

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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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Why some investors are wary of SpaceX stock #shorts #spacex #elonmusk #investing

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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX

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