The impact of El Nino is proportional to its severity. This time, we anticipate a weak El Nino as opposed to a strong El Nino, a similar scenario in 2014 and 2018. In both years, India’s staple grain production was unaffected. We do not believe we should be unduly concerned about crop production at this time.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3