Investors worried about elevated valuations in India: Daniel Morris, BNP Paribas Asset Management
Before the election, you had a soft landing scenario where we believe growth slows, inflation falls and the Fed cuts rates. Now that may not happen right away, but will happen in the distant future.
Stubborn inflation set to reinforce Fed’s go-slow approach
The personal consumption expenditures price index excluding food and energy – the Fed’s preferred measure of underlying inflation – is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.
Junk bonds at risk as EMs brace for ‘Trumponomics’
A Bloomberg index of high-yielding sovereign dollar debt is heading for a 15% surge this year, the biggest annual gain since 2016. Global investors are rewarding countries such as Argentina, Sri Lanka and Ghana for healing their defaults and embarking on economic reforms. This rally has shown resilience even to the US yield spikes of […]
Senior executives flock to startups poised for public market glory
Many of these people, from both within the startup sector and outside, are exploring opportunities at companies that are likely to hit the bourses in the next couple of years, said search firms and startup founders. The lure for them is the potential for wealth creation that successful listings open up.