Soaring Stocks Backed by Consumer, Tech Strength

Overview

Stock markets have been surprisingly resilient this year. Despite global trade chaos, war in the Middle East, Russia’s extended invasion of Ukraine and domestic political strife, major equity markets around the world have rallied near record levels.

Investors are finding a lot to like from India to South Korea, where domestic growth stories, technology and AI investment, and diversified supply chains leave plenty of room for growth, says Jessica Tea, JPMorgan emerging markets and APAC equities investment specialist. She joins John Lee and Katia Dmitrieva from Singapore to discuss consumption strength across Asia — highlighted by the popularity of Labubu dolls — investing in the backend of EVs and finding returns amid uncertainty.