Jamie Dimon cautions against complacency, highlighting the risk of stagflation amid geopolitical tensions, deficits, and persistent price pressures. He acknowledges the Federal Reserve’s cautious approach to interest rates. Dimon also notes that trade uncertainties and policy shifts are causing companies to pause expansion, impacting investment banking, while also understanding investors cutting US dollar assets.
Ashi Anand sees defence indigenisation as key growth driver
IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India