🔁 Strategy Shift Post-Tariff Barrage
📅 After the April 2 tariff wave, Goldman Sachs and Morgan Stanley urged investors to go defensive—📌 Asian consumer staples are their top pick.

💼 Fidelity’s Bold Move
📉 Snapping up beaten-down Chinese consumer stocks, Fidelity International is betting on a comeback fueled by government stimulus.

📈 Staples Outperform Tech
🥇 The MSCI Asia Pacific Consumer Staples Index has climbed 5% since April 2, leading all 11 sectors—even as the broader market dropped 2.5%.

🛒 Retail & Food Stocks Shine
🏬 Yonghui Superstores (China) and 🛍 Kobe Bussan (Japan) jumped 19%+, with beverage and dairy makers also seeing gains.

🔄 Rotation from Growth to Defense
📉 With AI-driven tech stocks taking a backseat, investors are shifting to staples, anticipating global slowdown from US-China tensions.

💰 Stimulus Sparks Optimism
🚨 Expectations of fiscal support from Asian governments are giving further momentum to the consumer sector.