Winners and Losers After DeepSeek — ft. Robert Armstrong | Prof G Markets

This week on Prof G Markets, Scott and Ed open the show by discussing the stock market’s reaction to DeepSeek’s arrival, a record in private equity stake sales, and the rising unemployment rate among recent MBA graduates. Then Robert Armstrong, U.S. financial commentator for the Financial Times, returns to the show to break down the winners and losers of the DeepSeek trade. He explains why, despite significant developments in China’s corporate economy, he still believes Chinese stocks remain uninvestable. Robert also offers his thoughts on European and U.K. stocks relative to their U.S. peers, gives his take on Trump’s comments on interest rates, and explains how the immigration crackdown could affect investors. Order Algebra of Wealth now! https://www.amazon.com/Algebra-Wealth-Formula-Financial-Security/dp/0593714024 Timestamps: 00:00 - Ad break 00:31 - Today's number 00:54 - Today's episode 04:24 - Headlines 05:24 - Deepseek 13:21 - Private equity 16:14 - Job market for new graduates 20:29 - Ad break 21:48 - Winners and Losers After DeepSeek — ft. Robert Armstrong 22:03 - What is your view on Deepseek? 24:04 - Do you think there are other things we don’t know about Deepseek? 26:32 - Who’s on the right side of the Deepseek trade? Are there any historical analogies that can be applied? 30:58 - Why aren’t Apple and Meta implicated in this Deepseek situation? 32:24 - What do you think will happen to Stargate now? 35:09 - What kind of effect will this have on Chinese stocks, and the Chinese markets? 36:48 - Ad break 37:50 - Is Trump right that interest rates should be coming down? 41:21 - What do you think of the European and U.K. markets? 46:54 - Are there specific sectors that you’re looking at in Europe or the U.K.? 48:13 - How could these new immigration crackdowns affect our economy, and what does that mean for investors? 51:30 - Where do you think the 10-year will be at the end of the year? 55:19 - Break 55:28 - Final thoughts 57:50 - Ad break 58:31 - Credits Subscribe to Prof G Markets on Spotify https://open.spotify.com/show/7syF2ry9j6nqYc656WHBA7?si=78a5eaf1793b466e Follow us on Apple Podcasts https://podcasts.apple.com/us/podcast/prof-g-markets/id1744631325 Want more Prof G? Check out everything we're up to at https://profgmedia.com/ Headlines: The Day DeepSeek Turned Tech and Wall Street Upside Down https://www.wsj.com/finance/stocks/the-day-deepseek-turned-tech-and-wall-street-upside-down-f2a70b69?mod=WSJ_home_mediumtopper_pos_1 Investors offloaded record volume of private equity stakes in 2024 https://www.ft.com/content/e8bbc1b8-93fb-4f0f-9c95-65341c299f30 The job market is tough for new graduates — even if you dropped $200,000 on an elite MBA https://sherwood.news/business/job-market-tough-graduates-even-if-dropped-usd200-000-on-mba/?utm_source=chartr&utm_medium=email&utm_campaign=chartr_20250126 #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #profgmarkets #ai #earnings #stocks #investmentstrategies #investment #investing #presidentialinauguration #trump #donaldtrump #deepseek #privateequity #jobmarket #apple #meta #stargate #chinesestock #chinesemarket #europe #uk #unitedkingdom #immigration