“One should look selectively in opportunities in the small & midcap space where growth outlook is good, cash flow generation history is strong, and valuations are reasonable. We believe that easy liquidity days are gone and therefore one should invest in companies with strong fundamentals trading at reasonable trailing multiples than where the thesis is based on future earnings while historical performance was weak.”
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest