Google and apple outperforming, while netflix and others have lag behind. A chief economics advisor is still with us. Martin, how much are these going to help power the s p 500 to another record . Martin i assume the Semi Conductor market has done better, and 5g, where rollout is important, and the trade negotiations are going to be a key issue, because the growth deceleration we have seen this year is tied significantly to trade friction. If we see a lifting of the trade friction, investment will return quite rapidly, and that will be very, very good news or the technology companies. Manus as far as the earnings season, i had a guest earlier. Earnings, a the slight touch of hunger, is going to hit the market . Do you think we are already priced in with an earnings dip going in . Ontin yes, the surprise is the upside rather than the downside. Trade slow four months. We have seen investment slow for nine months. We now have the labor market deceleration, and this is a key reason why we
SINGAPORE: HSBC Holdings Plc is likely to benefit from China’s wide-ranging crackdown on its technology sector because it could steer more business to Hong Kong and limit competition, the bank’s chief financial officer said.