Here's your summary from Markets Ponder Another Trump Presidency | Bloomberg: The Asia Trade 7/2/2024 (https://www.youtube.com/watch?v=aiCUUzHBwVM) on the Bloomberg Television channel:
**TLDR:** Asian markets are set for a weaker open as traders weigh the economic implications of a potential Trump presidency, with Treasury yields rising and investors positioning for higher inflation.
1. Asian stocks are expected to open weaker after Wall Street struggles for direction, with Treasury yields rising as traders consider the impact of a potential Trump presidency on inflation.
2. Bridgewater Associates launches a $2 billion fund using machine learning in decision making, while Northern Data considers a US IPO for its cloud computing and data center businesses.
3. Analysts are updating their outlook on bond yields, with some predicting a possible US stagflation if Republicans win the election sweep in November.
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