Hugh Johnson discusses Trump’s inability to fire Fed Chair Powell, emphasizing Powell’s successful handling of the economy and inflation. Johnson anticipates tariff-related inflation impacting markets, potentially delaying Federal Reserve interest rate cuts. Despite near-term challenges, he remains optimistic about future stock market performance, urging patience.
India valuations hit 6-year low, but stocks still expensive than EM peers
India’s equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a