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 is the current state of the Asian business cycle in relation to China?

What are the potential risks to the Asian market as discussed in the text?