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. 

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 &ldquo;US exceptionalism&rdquo; as it increasingly seemed that the greenback and other assets were the best game in town.
But risks are building, from China&rsquo;s DeepSeek cooling demand for AI stocks in the US to President Donald Trump&rsquo;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&rsquo;t think so, and explains why he believes the trade is here to stay &ndash; at least for now. He joins John Lee and Katia Dmitrieva on the Asia Centric podcast.&nbsp;

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Asia Centric by Bloomberg Intelligence

StanChart CIO Sticks With US Exceptionalism, Gold

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/99a2d23a-7695-4d92-869c-b2900016b1da/transcript

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