Market Macro, An Auto Alliance Reset, & Asia’s Tech Moves 01/30/23
Ahead of this week’s Fed meeting, jobs data, and tech earnings results, head of US Equity and Quantitative Strategy at BofA Securities Savita Subramanian zooms out of the market minutia to paint the big economic picture for short term and buy-and-hold investors alike. TikTok CEO Shou Zi Chew has agreed to testify before U.S. Congress in March, as scrutiny on the China-based app heightens on Capitol Hill and on America’s university campuses. Plus, Renault and Nissan are rethinking their decades-old alliance, Chinese search engine Baidu is launching an AI bot similar to ChatGPT, and Samsung is reportedly considering cutting semiconductor production, as demand softens. In this episode: Andrew Ross Sorkin, @andrewrsorkin Kayla Tausche, @kaylatausche Mike Santoli @michaelsantoli Katie Kramer, @Kramer_Katie
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