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.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20