Tariff Fiasco Is a US Dollar Negative: 3-Minutes MLIV

• US policy uncertainty, including potential 'balance of payments crisis' and 'changing mind' on trade, is seen as negative for the dollar and long-term investment, potentially holding back US growth.
• Nvidia's 4Q earnings are critical, as fixed income markets are watching for signals on AI and data center build-out, which is a significant driver of US growth.
• Chinese markets are anticipated to open strong after the Lunar New Year, supported by positive holiday spending reports and a firm offshore Yuan, with tech and robotics sectors expected to lead.

The discussion highlights market uncertainty stemming from US policy shifts, particularly regarding trade, which could weaken the dollar and delay economic growth. Nvidia's upcoming earnings are identified as crucial for the US tech sector and overall growth, while Chinese markets are expected to see a positive rebound post-Lunar New Year, driven by consumer spending and tech innovation.