Hugh Johnson discusses Trump’s inability to fire Fed Chair Powell, emphasizing Powell’s successful handling of the economy and inflation. Johnson anticipates tariff-related inflation impacting markets, potentially delaying Federal Reserve interest rate cuts. Despite near-term challenges, he remains optimistic about future stock market performance, urging patience.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and