Buzzberg Cup Live

Investors Weigh War Risks as US and Iran Trade Fire | Insight with Haslinda Amin 7/13/2026

Watch on YouTube ↗  |  July 13, 2026 at 06:35  |  47:56  |  Bloomberg Markets
Speakers
Grace Tam — Chief Investment Adviser, BNP Paribas Wealth Management
Sonam Srivastava — Founder & CEO, Wright Research
Chey Tae-won — Chairman, SK Group

Summary

This episode discusses markets navigating renewed US-Iran conflict and surging oil, while AI semiconductor demand remains a dominant theme. Grace Tan of BNP Paribas advocates buying the dip in AI upstream through US, Taiwan, and Japan, and avoiding Korea, China A-shares, and India. She also likes US financials, industrials, and healthcare. Sonam Srivastava sees Indian IT under pressure but favors Indian financials, pharma, and capital goods. SK Group Chairman Chey Tae-won gives an extremely bullish long-term outlook for memory demand and SK Hynix.

  • US and Iran trade strikes; conflicting claims over Strait of Hormuz disrupt shipping and lift oil above $75/barrel.
  • Grace Tan expects tensions to calm, oil prices to be capped, and markets to refocus on AI fundamentals.
  • AI upstream story intact; semiconductor correction is a buying opportunity, with US, Taiwan, Japan preferred over volatile Korea.
  • Grace Tan recommends avoiding China A-shares and India due to lack of catalysts and AI disruption risks.
  • She also likes US financials, industrials and healthcare as the rally broadens.
  • SK Group Chairman Chey Tae-won says AI memory demand will outpace supply for years, keeping prices elevated.
  • India IT sector faces near-term margin pressure; Sonam Srivastava prefers Indian financials, pharma, and capital goods.
  • Political update: Senator Lindsey Graham's death creates South Carolina succession drama ahead of midterms.
Ideas
Chey Tae-won Chairman, SK Group 15:26
Memory demand will outstrip supply for years
AI era is driving exponential demand for memory. SK Hynix is doubling capacity in five years, but customers say it is not enough. Supply will not catch up until AGI is achieved, so memory demand and prices will remain elevated for years.
000660.KS HIGH
Grace Tam Chief Investment Adviser, BNP Paribas Wealth Management 18:17
Buy AI semiconductors via U.S., Taiwan, Japan
The AI upstream story (semiconductors/hardware) remains intact. The recent correction is a good buying opportunity because hyperscaler capex continues to drive demand. U.S., Taiwan and Japan markets offer the best exposure to AI upstream with healthier trends, while Korea is too volatile.
SPY EWJ EWT HIGH
Grace Tam Chief Investment Adviser, BNP Paribas Wealth Management 20:04
Avoid Korean equities due to volatility
Korean markets are very volatile due to heavy domestic retail leverage positioning, leading to capital outflows. Better to play other markets with more healthy trends.
Korean equities MED
Grace Tam Chief Investment Adviser, BNP Paribas Wealth Management 20:43
Avoid India equities, AI disruption risk
India lacks strong catalysts and faces AI disruption risks similar to China A-shares, especially in software. The market is likely to continue underperforming.
India Equities MED
Grace Tam Chief Investment Adviser, BNP Paribas Wealth Management 20:43
Avoid China A-shares, lack catalysts
China A-shares may see a short-term oversold rebound but need more catalysts to sustain a rally. AI disruption risk, especially to software, is weighing on sentiment and could keep them underperforming.
ASHR MED
Grace Tam Chief Investment Adviser, BNP Paribas Wealth Management 23:13
LONG U.S. financials, industrials, healthcare
As the market rally broadens out, U.S. financials, industrials and health care are especially attractive. They can lead if economic data stays strong and earnings beat high expectations.
XLF XLI XLV MED
Sonam Srivastava Founder & CEO, Wright Research 38:24
LONG Indian banks, pharma, capital goods
Indian financials and pharma are structurally strong. Banks benefit from higher-for-longer rates and RBI moves, while pharma performs well in the current currency environment. Capital goods also have strong order books. Money is rotating out of IT into these sectors.
IBN EPI Indian Capital Goods MED
Up Next
19:56
The Background of Recent Samsung Electronics Stock Price Adjustment
Chesley Investment Advisory (체슬리투자자문) · Jul 13
1:33:24
China Rejects South China Sea Ruling on 10th Anniversary | The China Show 7/13/2026
Bloomberg Markets · Jul 13
1:48
SK Hynix Shares Slump in South Korea After US Listing
Bloomberg Markets · Jul 13
25:46
Good news came out, but a crash market appeared... The real reason was different. "Should I buy or sell Samsung Electronics, SK Hynix now?" | Director Park Hyunsang
815 Money Talk (815머니톡) · Jul 13
2:10
Ships Transit the Strait of Hormuz in Secret as US-Iran Attacks Continue
Bloomberg Markets · Jul 13

This Bloomberg Markets video, published July 13, 2026, features Chey Tae-won, Grace Tam, Sonam Srivastava discussing 000660.KS, SPY, EWJ, EWT, Korean equities, India Equities, ASHR, XLF, XLI, XLV, IBN, EPI, Indian Capital Goods. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Chey Tae-won, Grace Tam, Sonam Srivastava  · Tickers: 000660.KS, SPY, EWJ, EWT, Korean equities, India Equities, ASHR, XLF, XLI, XLV, IBN, EPI, Indian Capital Goods