Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about 100-word take | Trump trade wars have had hardly any impact on global trade so far
Donald trump tariffs
An excerpt from the book quoted in an article by The Post details the incident, which took place during a meeting in July 2017, which had been called by the president's national security team at the time in order to brief him on the US' role in the global order. … [Read more...] about Trump called top officials ‘losers, dopes and babies’: Report
What spooked the market, leading to a fall of 1.5 percent in the S&P 500 stock index, was the Fed's assessment that there would probably be two more hikes in 2019. True, that's better than its earlier projection of 3 rate hikes in 2019. But the markets have lately been very worried about storm clouds gathering over global growth and some had hoped that the Fed would signal a pause. The eternal optimists had gone to the extent of suggesting that the programme of shrinking its balance sheet, dubbed quantitative easing, would be curtailed. Unfortunately for them, the Fed did none of that. … [Read more...] about Quick Take | US Fed Chairman refuses to play Santa to the markets
Why then the sudden plunge in stock prices? Analysts looking for a reason have zeroed in on the US market’s price-earnings multiple based on cyclically-adjusted earnings, which is very high. Back in October, the International Monetary Fund’s Global Financial Stability Report had an entire section with the heading: ‘Asset Valuations Remain Stretched in Major Markets, and Could Adjust Abruptly’. And with such a long bull market in the US, it is surely time to book profits. That is why some analysts predict this downturn will end soon, followed by a swift rebound. … [Read more...] about Opinion | What spooked global markets?