DBS CEO: Continued 'bifurcation' and 'weaponization' of trade and capital flows worry me

Geopolitical and Economic Concerns - The market is increasingly concerned about tariff risks, trade wars, and capital wars, particularly highlighted by recent elections in Thailand and Japan [1] - The ongoing bifurcation and weaponization of trade, capital flows, and technology, especially semiconductors, are significant worries for the banking sector [2] Investment Strategies - Diversification across supply chains, demand markets, asset allocation, and currency allocation is crucial to mitigate risks associated with concentration [3] - Companies should focus on cash flow and strong fundamentals while being prepared for volatility, which can also present trading opportunities [4][5] Technology and AI Impact - The rise of AI, particularly generative and agentic AI, is expected to transform white-collar jobs and necessitate a cultural shift within organizations to remain agile and adaptable [7] - Trust and security are paramount for banks during times of volatility, emphasizing the need for a dependable banking partner [8] - AI is seen as a capacity-building tool that can enhance productivity by allowing employees to focus on higher-order tasks, thus requiring upskilling and reskilling [9][10]