Ajay Tyagi of UTI AMC suggests that while overall market valuations have softened, mid and small caps remain expensive, potentially needing further correction. He anticipates challenges in alpha generation due to external factors but sees opportunities as market froth dissipates.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend