Dec 18, 2024
• The Fed will likely cut rates this week by 25bps but may make next year’s cuts in interest rates more conditional • The market expects the Fed to signal that the ‘normal’ level of policy rates are drifting higher • The recent move higher in the US 10-year shows the market’s concerns about debt…
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Dec 17, 2024
• Mr. Trump’s policies likely to drive the US and Global economic landscape, influencing the market outlook for 2025 • India’s GDP numbers confirm slowing economic growth, however, a pick-up in government capex could revive economic activity in the coming quarters. • Correction in the Indian equity market aligns with EPS downgrades, keeping valuations expensive….
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Dec 10, 2024
• Fed on track to affect another rate cut – unless this week’s CPI report springs a surprise • NASDAQ 100 now up 32% year-to-date, leading broad markets higher • Bitcoin breaches $100,000 mark • Indian central bank’s dovish comments cement the recent recovery in the Indian equity market • France’s political and debt problems…
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Dec 3, 2024
With only weeks left before Donald Trump takes office, we thought it would be prudent to analyse the emerging investment themes globally and also see how the president-elect’s proposals of sweeping tariffs will shape the global economic order going forward. 1. Tariffs: A Risky Economic Gambit The president-elect’s initial policy musings on imposing substantial tariffs—25%…
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