our conversation with the vice president of aipac is next.is bloomberg. ♪ ♪ emily: the pressure on netflix, not easing up after its massive selloff, now looking to asia-pacific to drive growth. bloomberg spoke to the vice president of content for aipac and asked if she is concerned about climbing subscriber growth. >> not really. what drives our growth is the strong slate. and if i think about the slate upcoming in asia in 2022, me, my team at all our netflix employees, along with the fans of content made in asia are very excited about what is coming. in covid, we have had headwinds in terms of production. there were production delays and omicron unfortunately setback us a little bit, but we are very confident we will be able to create another strong slate in 2020 two. and if you look at 2021, aipac was at the forefront of driving growth for our service. i do believe that will continue in 2022. >> let's talk more about that slate, because korean-language productions where the breakout hit of 2021 and you have announced the latest korean conte

if you look at 2021, aipac was at the forefront of driving our growth for service. it will continue in 2022. >> let's talk a little more about that slate. korean language productions were the breakout hit of 2021, and you recently announced a new korean content lineup. how does this deal with your demand for content? >> we had an exciting content that freed -- that were exciting to those that it enjoy korean content. 25 shows, a wide variety of genre and format. last year we know that the world has responded in huge numbers on their love for korean content. i think "squid game" helped us drive that love and excitement. but you know, on that 25 slate, we have shows like "all of us our dead," and an adaptation of a popular spanish series. we are also excited to present our first set of original film productions and a scripted programming followed by recent success. what i wanted to emphasize is when it comes to local content, what we are aiming for is local impact. we want to make sure we programming our service around korean content to please our korean members and o

for more on the significance, let's bring in head of aipac research. the thinking behind this move? >> like any ipo, this is about increased access to capital. lg energy solution needs to continuously invest in expanding its battery cell production capacity. it also needs to watch out for its battery supply chain all the way to mining's of lithium and critical materials. you have to keep in i on next-generation technologies. you have to fun internal r&d and look at potentially investing startups. these requirements to be able to attract investment from investors as those investors looking at esg metrics, it will be difficult to do that as lg. the investors who have gotten excited about the lg energy solution ipo, they would not want to have exposure to the legacy petrochemical business or its expansion into life-sciences. we want -- they want that exposure on its own. just offering less than 20% of its ownership stake, lg camp has been able to attract a lot of funding. shery: or the implications for other battery manufacturers in the broader eb market?

let's head to the head of aipac strategy. thank you so much for joining us. dan: i think that the outlook to equities globally looks good. you typically have them continue to perform in the early stages of a fed rate hike cycle. the biggest implications are about sector allocation. do you stick with growth stocks or rotate into value stocks? we think this will be a very nice tailwind for financials. we are not all out of tech stocks in asia and the u.s. that is definitely going to be a headwind for the u.s. tech stocks. yvonne: we had i guessed earlier that said the markets are tightening rate hikes, but are likely the fed will pull the trigger. it's more feasible, two. what is your take? dan: i think three is highly likely and it is possible we could see 4. we think the fed is behind the curve. that is going to force it to act more forcefully than people have anticipated before. we think that the bond yield curve will reflect these changes. we think there is still potential for upward pressure on the long end of the curve. david: in that sense, does that inf

let's bring in the head of joint aipac equity research. the fed meeting is on wednesday. with most other people consider march to be a live meeting. what happens after that? what is the path of fed cuts and how aggressive you think the balance sheet runoff is going to be? >> we are looking at four rate hikes this year. the first of those happening in march. the key thing for the fomc meeting this week is signaling. and ultimately forecasters will get more confident in their views once we get through to the end of the week. that will give the market something to latch onto. this week is quite -- is quite critical. paul: if things are more aggressive, what are the risks of another tension here? is the stage that yucca -- the stage set? >> i think it depends on the stock market. the company's most vulnerable to increasing rates are those companies which are aggressive valuations where the market is looking to value future cash flows on high multiple. that is driven by the cost of equity, which is influenced either real rate. -- influenced by the real rate. asia, we feel they

joining us is head of aipac -- apac equity strategy at hsbc.nto the strategy that we will see monetary easing or the regulatory side of things? this chart on bloomberg show you how those easing speculation rumors actually led to property stocks rally in. -- stocks rallying. >> we bought into that narrative october last year, when sentiment on china was really bad. some said it was not an investable market anymore. we said we think that some stimulus will come through probably by the end of that year, 2021 and into 2022. we moved overweight china at that point in time. we see that now. some stimulus is coming through on the monetary side. we see a rate cut. we see stimulus on the fiscal side. valuations are still up. we you also see is the mutual funds that were significantly underweight on chinese equities in october, this year starting to refill positions there. not as much underweight anymore. i think they can by more. shery: will chinese policymaker's actions shield the markets given the u.s. will be under direction? >> not completely. the c

aipac stocks sell of.e fed tightening monetary policy more aggressively than anticipated. families of u.s. diplomats ordered to leave the ukraine as tension with russia escalates. u.s. president joe biden may deploy troops to easter