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Living with US Inflation

Apr 16, 2024

8:12 am

In Summary Inflation in the US remains a persistent issue and cannot be easily dismissed. The once hopeful scenario of the Federal Reserve implementing gradual rate cuts throughout 2024 now appears overly optimistic. It’s increasingly probable that the Fed will make minimal adjustments to rates – or perhaps none at all. There is also a…

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Investment Strategy

Apr 12, 2024

11:12 am

• The Fed dot plot continues to suggest three rate cuts in 2023, despite persistent inflation. • Crude oil prices are inching higher, a key risk for India and the resurgence of global inflation. • Global equity momentum persists, with Japanese and US equities leading the rally. • The RBI maintained status quo across all…

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A New Realism taking Hold

Apr 9, 2024

8:31 am

• The US employment report shows the economy is running hot • US government bonds take fright as US 10-year yields surge to 4.40% and high-yield bonds show some vulnerability • European and emerging debt markets somewhat decouple from the US trouble • Gold still preferred as a way of de-risking dollar cash holdings •…

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Is This Asia’s quarter?

Apr 2, 2024

6:14 am

• Japanese equities were the star of the just-concluded quarter • US equities, meanwhile, benefitted from strong performances from software, insurance, and energy sectors • As China stabilises, investors wonder if this could be Asia’s quarter • US Treasuries receive good support in the final auctions of the quarter, after some lacklustre performance Japan led…

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