The US Fed has spent much of the last 18 months fighting historic levels of inflation, which has decelerated in recent months. The central bank was “a day late and a dollar short” in beginning to raise rates and the rapid increases over the last 18 months were just “catching up,” Dimon said.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India’s performance, two sectors have disappointed slightly. First