Chief Investment Officer Benjamin Lau discusses Amazon and Microsoft’s partnership and takes a bullish stance on industrials with Reuters TV’s Fred Katayama. Here is an excerpt of Ben’s commentary:
“I think Amazon is trying to form another partnership to really try to secure more dominance for Alexa. Doing a deal with Cortana and Microsoft really solidifies their dominance in the whole search business.”
“We see almost every leading economic indicator, whether its the yield curve or the actual Conference Board’s Leading Economic Indicator Index, show improving signs. So we think that the economy continues to remain strong, here and oversees, and we are quite optimistic about the future.”
Watch the full segment here.