Take Five: That rate cut trade
November 11th, 2023 13:27
China continues to battle its property demons while it is Italy's turn to be in the eye of the ratings agencies.
5 lucrative sectors to bet on this Diwali season for profits
November 11th, 2023 12:27
This often leads to increased buying and selling activities in the stock market. Notably, the Indian stock market has been relentlessly defying odds since last year and maintained a strong growth trajectory despite the ongoing global crisis.
High bond yields not a proxy for central bank rate action
November 11th, 2023 12:27
What has been particularly hurting the market is the Fed’s quantitative tightening, which has resulted in the central bank not replenishing bonds in its portfolio that have matured. The market had caught up with the Fed’s rate actions (an increase of 500 basis points in 19 months) and balance sheet reduction. Not just the markets, even several Fed officials had alluded to the market’s view that the bond market was doing the central bank’s job.
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