Helios Capital’s Samir Arora urged investors to question fund managers, AMCs, and brokers about their personal stakes in recommended strategies, stressing the need for transparency, accountability, and “skin in the game” in investment decisions. For traders, the same principle applies and they should ask their broker- how much of his personal wealth he is hedging via weekly options and futures.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.