Indians looking to diversify their investments can consider Wall Street and Hang Seng markets, with active stock picking being optimal for the US. Chinese stock investments are riskier due to regulatory uncertainty. A geographically diversified portfolio can enhance returns and reduce risk for Indian investors.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation