Daljeet Kohli of Roha Asset Managers expresses surprise at the market’s sharp rebound following tariff war announcements. Kohli believes the market anticipates a rollback of tariffs and sees India as a potential beneficiary due to its inherent strengths. While acknowledging potential volatility, Kohli advises investors to remain calm and analyze individual company impacts rather than reacting to macro news.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.