Damodaran said since 2008, it has become fashionable to attribute all movements in interest rates to Fed action or inaction, and as a consequence, we have lost sight of the fundamentals that determine interest rates. The most critical fundamental, and the one that best explains big movements in rates, over time, is expected inflation.
ETMarkets Smart Talk | India’s $50 billion IPO wave to challenge market valuations: ICICI Pru’s Gautam Sinha Roy
India’s primary market anticipates a $50 billion IPO surge in the next 12-18 months, driven by private equity exits and corporate fundraising. While this signals