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JPMorgan's Erik Wytenus On AI 'Fear Trade' & Tariff Fallout

A short-lived rebound in stocks petered out as fears about the disruptive impact of artificial intelligence continued to unsettle markets.That's after tech, delivery and payment shares slid following a Citrini Research report outlining potential AI risks across industries. The weakness was compounded by lingering uncertainty over President Donald Trump's tariffs. Erik Wytenus is Head of EMEA Investment Strategy at JPMorgan Private Bank joins Stephen Carroll and Caroline Hepker to discuss.

Read more: JPMorgan's Erik Wytenus On AI 'Fear Trade' & Tariff Fallout
Bloomberg

Dimon Says JPMorgan's Rivals Are Doing 'Dumb Things'

JPMorgan CEO Jamie Dimon, when asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "I see a couple people doing some dumb things," Dimon told investors on Monday. Bloomberg's Silas Brown reports.

Read more: Dimon Says JPMorgan's Rivals Are Doing 'Dumb Things'
Bloomberg

Arini CIO Expects Defaults, Disruption in Credit Markets Around Software

"We will not need to see the disruption to see some of the issues," said Hamza Lemssouguer, founder and chief investment officer of Arini Capital Management, in an interview. "The market always gets ahead of it. The immediate issue that we see is the increase in cost of capital for a lot of these companies which will eventually lead to significant defaults, disruption and dislocation in credit markets." He speaks to Ruth David for Bloomberg Television in London. (Corrects guest's job title in video description.)

Read more: Arini CIO Expects Defaults, Disruption in Credit Markets Around Software
Bloomberg

StanChart CEO Winters Says Bank 'Not Missing a Beat' After CFO Exit

Standard Chartered Chief Executive Officer Bill Winters discusses the departure of the lender's chief financial officer, financial targets and its strategic outlook. Speaking on Bloomberg Television after reporting weaker-than-estimated fourth-quarter earnings and announcing a fresh $1.5 billion share buyback, Winters also comments on the bank's London headquarters, growth in China and the use of artificial intelligence in finance.

Read more: StanChart CEO Winters Says Bank 'Not Missing a Beat' After CFO Exit
Bloomberg

Siow: Tariffs Impact Clearer for China

China says it is closely watching the US government's plans to push ahead with levies using other trade tools. President Trump announced 10% global tariffs after the Supreme Court struck down his original sweeping duties. Alan Siow, Co-Head of EM Corporate Debt, Ninety One spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on how China is factoring in the changes despite tariff uncertainty.

Read more: Siow: Tariffs Impact Clearer for China
Bloomberg

Trump's New Global Tariff Takes Effect for 150 Days

President Donald Trump's new baseline global tariff of 10% comes into effect after the Supreme Court struck down his earlier, sweeping levies. The White House said he could impose this under the 1974 Trade Act without need for congressional approval. Bloomberg News' Rosalind Mathieson discusses with Joumanna Bercetche on Horizons Middle East and Africa.

Read more: Trump's New Global Tariff Takes Effect for 150 Days
Bloomberg

Australian Exporters Brace for Trump Policy Shifts

The Australian Chamber of Commerce and Industry says that while the US Supreme Court decision on US tariffs was widely anticipated, many businesses may still be caught off guard by renewed uncertainty surrounding President Trump's trade policy. CEO Andrew McKellar notes that Australian exporters are increasingly looking to diversify into markets such as India and Southeast Asia. He discussed the implications of the court's ruling on "Bloomberg: The Asia Trade."

Read more: Australian Exporters Brace for Trump Policy Shifts
Bloomberg

LA Port: Importers Faced With Significant Uncertainty

Port of Los Angeles Executive Director Eugene Seroka thinks importers are faced with significant uncertainty due to shifts in US trade policy. He also discusses tariffs impact on trade volumes at the Port of Los Angeles, America's busiest container gateway. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Read more: LA Port: Importers Faced With Significant Uncertainty