Credit Suisse PB Upbeat About Greater China 5G-Related Stocks

The transcript discusses the evolving trade relationship between China and the US, highlighting potential earnings upside due to easing tariffs. It focuses on sectors like consumer goods and the 5G supply chain, predicting growth in these areas. The consumer sector shows promise, especially in discretionary goods, while staples lag. The gaming sector faces regulatory challenges but may benefit from increased approvals. Policy support is expected to boost infrastructure, real estate, and autos, with potential tax cuts for large companies.

What is one of the main reasons for the expected earnings upside in the consumer staples sector?

• Increased tariffs on imports

• Rise in production costs

• Improved trade relations and reduced tariffs

• Decrease in consumer demand

Which sector is expected to benefit significantly from the 5G rollout in 2020?

• Agriculture

• 5G supply chain

• Consumer electronics

• Automobile industry

What is a potential risk for the gaming sector despite its growth prospects?

• Lack of consumer interest

• Regulatory overhangs

• High production costs

• Limited technological advancements

Which sector is currently lagging behind in performance compared to discretionary names?

• Technology

• Staples

• Energy

• Healthcare

What type of policy support is expected to benefit the infrastructure sector?

• Reduction in labor costs

• Decrease in interest rates

• Increased tariffs

• Public policy action