Bloomberg Daybreak: Asia Edition Daybreak Weekend: US Jobs, Made in Europe, China PMI Data
15 snips
Feb 27, 2026 
Alan Wong, Bloomberg China EcoGov editor, explains China’s PMI outlook, exports, weak domestic demand and tech priorities. Suzanne Lynch, Brussels Bureau Chief, breaks down the new 'Made in Europe' industrial push and intra-EU tensions. Michael McKee, international economics correspondent, previews US jobs, Fed stakes and labor market dynamics. They cover PMI data, EU industrial policy and U.S. payrolls.
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Episode notes
Broadcom Needs More Than Solid Growth To Excite Markets
- Broadcom faces high expectations after NVIDIA's blowout, so strong ~27–28% growth estimates may still not satisfy investors.
- Reinecke notes investor rotation away from early AI picks and worries about cyclicality despite solid analyst projections.
Made In Europe Push Risks Defense Supply Strains
- The EU's Made in Europe plan aims to reverse deindustrialization by enforcing local procurement, joint-venture rules, and domestic hiring, provoking US concern over defense interoperability.
- US Ambassador Andrew Puzda warned preferences risking NATO-compatible supply chains and interoperability.
EU Plan Is A Direct Response To Competitiveness Warnings
- The Industrial Accelerator Act responds to long-standing EU competitiveness concerns highlighted by Draghi and others and seeks to keep investment and know-how inside the bloc.
- Suzanne Lynch explains it's a deliberate follow-up to calls for stronger European economic muscle and faces internal pushback.