Mayuresh Joshi, Head Equity at Marketsmith India, mentions the impact of the dollar index drop and potential safeguard duties on the Nifty metal index. He highlights challenges like Chinese steel dumping and Trump tariffs affecting demand. He emphasizes a cautious approach to mid and small-cap stocks, suggesting selective investments for stable earnings growth.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation