Superior growth parameters and a potentially flourishing domestic market are factors delighting long-term investors. At the same time, they are hesitant to go all out on the country’s stocks at this juncture as over-ownership of equities and premium valuations are pushing many value-conscious money managers to delay their purchases here.
Crypto Talk | US election and interest rate cuts may reshape the future of Bitcoin, says BuyUcoin CEO
I believe the recent 50 basis point interest rate cut by the US Federal Reserve will positively impact the crypto market both in the short