Bank of America Survey predicts global stocks to outperform US equities over next five years
Global stocks are expected to outperform US equities in the next five years. A Bank of America survey reveals that most fund managers predict international stocks will be the top asset class. This forecast signals a potential shift from the long-standing dominance of US stocks. The S&P 500 is already underperforming global stocks this year, […]
Fed holds key rates again, still sees two cuts by year-end
The Federal Reserve maintained interest rates. Officials anticipate two rate cuts next year. Economic uncertainty persists, though it has lessened. Growth estimates are lowered, while unemployment and inflation forecasts are raised. Seven officials now foresee no rate cuts this year. Investors await insights from Fed Chair Jerome Powell on Trump’s policies and potential rate adjustments.
Can IndusInd Bank maintain its momentum following Nomura’s upgrade?
IndusInd Bank’s stock witnessed a significant rise. This followed an upgrade by Nomura from ‘Neutral’ to ‘Buy’. The upgrade comes after the bank faced accounting discrepancies. Nomura’s target price suggests a substantial upside. The firm acknowledged the bank’s commitment to improved governance. RBI’s recognition of recovery efforts also boosted confidence.
Why are savvy HNIs turning to ETFs during market dips?
‘Buy the dips’ is a strategy where investors take advantage of short-term market declines to buy stocks or ETFs at lower prices on the belief that the decline is temporary.