Part 6/10:
Regarding the impact of geopolitical tensions, especially the China trade situation, Wong believes the current market pricing has already factored in these risks. While uncertainties remain—highlighted by the fluctuating tensions between major economies—market leaders like Nvidia continue to benefit from strong underlying demand, especially from the "MAG 7" stocks (Microsoft, Apple, Google, Amazon, Facebook/Meta, Tesla, and Nvidia).
He asserts that if China trade relations improve, the positive momentum could accelerate further. However, even the current tensions are not significantly limiting these tech stocks’ performance, with the market having already priced in potential downside scenarios.