If US market drops, it is very hard for others to decouple: Gustavo Medeiros, Ashmore Investment
Tariffs of this magnitude would be extremely disruptive to the US and the global economy and bring in a very high risk of an economic recession in the US. If tariffs remain at this magnitude, prices will not decline. So, the initial shock is a stagflationary one. The market was far from pricing in such […]
Bear Factor: Nearly 10% of listed stocks trading below their pre-pandemic levels
Despite the robust bull run in Indian equities since 2020, a significant portion of listed stocks, nearly 10%, are still trading below their pre-Covid levels. Prominent names like Whirlpool, PVR Inox, and RBL Bank have experienced declines, erasing earlier gains. Some fundamentally sound companies, including Aditya Birla Fashion and Hindustan Unilever, are hovering near their […]