With the new restrictions, chip manufacturers could see a material impact on their businesses, which is now being reflected in the markets. However, despite the new export restrictions, Mizuho Securities’ Vijay Rakesh joined CNBC’s Squawk on the Street, where he pointed out that there could be some winners. He also added:
Potential for a supply shock
Meanwhile, Vivek Ramaswamy of Strive asset management joined CNBC’s Squawk Box to break down what the new export restrictions could mean on the macro level for China, indicating that a move on Taiwan would mean a supply shock and market volatility. He continued:
Tough decisions
Market participants seem to be stuck between a rock and a hard place, with inflation and war in Ukraine already pushing risk assets down, the new export restrictions the US imposed could further dampen investing enthusiasm. While on the micro, some companies could come out as winners, on the macro scale, worries of aggressive China moves toward Taiwan could spell more trouble for already exhausted markets. Buy stocks now with Interactive Brokers – the most advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
