U.S. Equity Sentiment Is Extremely Bad, Says JPMorgan's Das

The video discusses the impact of Apple's supply chain adjustments and revenue forecasts on the market, highlighting the anticipated slowdown in growth. Concerns about a potential US recession are addressed, with emphasis on market sentiment and PMI data from China. The outlook for Asia's market is explored, focusing on conditions necessary for growth, such as avoiding a US recession and stabilizing China data. The video concludes with a discussion on the divergent business cycles between Asia and the US, noting the influence of China's economic performance on the region.

What has been the primary focus of Apple's supply chain adjustments?

• Increasing production

• Reducing costs

• Cutting forecasts for revenues

• Expanding into new markets

What is the current sentiment in the US equity market according to the transcript?

• Optimistic

• Cautiously optimistic

• Extremely pessimistic

• Neutral

What is one of the key factors needed for the Asian market to reach the higher end of the expected range?

• Decrease in global growth

• Increase in trade wars

• A US recession

• Stabilization of China data

What is the expected growth rate for Asia according to the transcript?

• Above 7%

• Around 5%

• Below 4%

• Upwards of 6%

How are the business cycles in Asia described in relation to the US?

• Convergent

• Divergent

• Identical

• Unrelated