Damodaran said since 2008, it has become fashionable to attribute all movements in interest rates to Fed action or inaction, and as a consequence, we have lost sight of the fundamentals that determine interest rates. The most critical fundamental, and the one that best explains big movements in rates, over time, is expected inflation.
NRI Talk: Ideal allocation for NRIs – 60% equity, 20% debt, and a global twist, says Prashant Tandon
With a balanced strategy that emphasizes 60% equity, 20% debt, and a global diversification angle, Tandon outlines the ideal framework for managing risk while capitalizing
April 29, 2025