logo
#

Latest news with #SteveBrice

StanChart CIO Sticks With US Exceptionalism, Gold
StanChart CIO Sticks With US Exceptionalism, Gold

Bloomberg

time27-02-2025

  • Business
  • Bloomberg

StanChart CIO Sticks With US Exceptionalism, Gold

The US economy appears indestructible. Since the Great Financial Crisis in 2008-09 and throughout the following downturns including the pandemic, consumption quickly bounced back, the labor market tightened and equity markets outperformed peers. This strength had investors coining the term 'US exceptionalism' as it increasingly seemed that the greenback and other assets were the best game in town. But risks are building, from China's DeepSeek cooling demand for AI stocks in the US to President Donald Trump's tariffs that threaten inflation, spending and growth. Could these risks unseat the US exceptionalism trade? Is that era potentially behind us? Steve Brice, Global Chief Investment Officer of Standard Chartered Bank, doesn't think so, and explains why he believes the trade is here to stay – at least for now. He joins John Lee and Katia Dmitrieva on the Asia Centric podcast.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store