Latest news with #MarkKonyn
Bloomberg
15-05-2025
- Business
- Bloomberg
Bloomberg Daybreak Asia: Rally Wavers as Buyer Fatigue Kicks In
Stocks in Asia fell early Thursday for the first time in five sessions as the rally on Wall Street sparked by US-China trade talks showed signs of exhaustion, on speculation stocks have run too fast amid risks stemming from a trade war to an economic slowdown and sticky inflation. Japanese and Australian stocks edged lower, while a gauge of US-listed Chinese companies climbed 1.2% on Wednesday. Tencent Holdings Ltd.'s revenue grew at its fastest pace in more than three years. We get a look at the market landscape with Mark Konyn, Chief Investment Officer at AIA Group. Stateside, the S&P 500 edged up just 0.1%. Most sectors fell, but big tech climbed. Boeing Co. gained on its largest-ever deal, with Qatar Airways placing an order for long-range jets during a visit to Doha by Donald Trump. The dollar erased losses as Bloomberg News reported the US is not working to include currency policy pledges in trade accords. Bond yields rose as Federal Reserve rate-cut bets receded. We get the views of John Creekmur, Chief Investment Officer at Creekmur Wealth Advisors.
Bloomberg
14-05-2025
- Business
- Bloomberg
Reweighting Further Outside the US, AIA Group CIO Says
AIA Group CIO Mark Konyn says the "overall view is the US economy will slow this year." His firm is reweighting "further outside the US, taking opportunities in other markets," but also generally slightly underweight equities. Konyn speaks on Bloomberg Television. (Source: Bloomberg)
Bloomberg
18-03-2025
- Business
- Bloomberg
Bloomberg Daybreak Asia: Asia Stocks Gain on US Bounce
On today's episode, Asian stocks rose, driven by optimism about China's economy and US data that eased recession concerns and renewed bets on Chinese tech companies. We speak to Mark Konyn, Chief Investment Officer at AIA Group. Plus- US stocks closed higher in the Monday session -- despite weakness in some tech mega caps. For a look at the markets, we speak to Eric Sterner, Chief Investment Officer at Apollon Wealth Management.
