The Federal Reserve’s rate-cut campaign for 2024 may have ended due to a strong labor report, signaling economic resilience. Wall Street experts, including Ed Yardeni and Larry Summers, criticize further easing, fearing inflation risks. Investors and economists debate the central bank’s future policy moves.
Pune court summons Rahul Gandhi on Oct 23 in Savarkar defamation case (05-10-2024)
A special court in Pune has issued a summons to Rahul Gandhi in a criminal defamation case. The case is filed by the grandnephew of Vinayak Damodar Savarkar. The summons is related to remarks Gandhi allegedly made against the Hindutva ideologue. Rahul Gandhi is required to appear before the court on October 23.
Over 700 smallcaps correct up to 41% as Indian markets reel under pressure (05-10-2024)
Indian markets dropped over 4% this week due to middle east tensions and FII outflows. Major sectors like auto, banks, infra, and energy faced heavy selling. FIIs are moving funds to China, leading to significant cash market selling. Analysts predict continued pessimism with a possible consolidation phase ahead amidst rising crude prices.
Prashant Jain’s 3P Fund’s latest stock pick is newly listed Diffusion Engineers (05-10-2024)
Prashant Jain's 3P Fund has invested ₹22 Cr in newly listed Diffusion Engineers. IPO was at ₹168. 3P bought for ₹203. M-Cap is ₹700 Cr. Co mfgs welding consumables. Market is valued at ₹51 Bn & projected to grow to ₹64-66 Bn by FY27. P/E 15x. Peers are Ador Welding & AIA
![[IMG]](https://pbs.twimg.com/media/GZGYxroaYAASsx8?format=jpg&name=small)
Strong jobs report propels dollar to best week since 2022 (05-10-2024)
The dollar surged to a seven-week high, driven by a strong jobs report, reduced expectations for aggressive Fed rate cuts, and favorable economic data. Central bank dynamics, including a dovish Bank of Japan and Middle East tensions, further bolstered the greenback, impacting other major currencies.
Samhi Hotels – Turnaround with Tailwinds (05-10-2024)
Can this be made a google sheets link? This way, it gets updated live, and we don’t need to download the excel sheet each time it gets updated.
Samhi Hotels – Turnaround with Tailwinds (05-10-2024)
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5 world market themes for the week ahead (05-10-2024)
This week includes U.S. inflation data, Q3 earnings, a significant rate cut from New Zealand, and a French budget review. Investors remain vigilant amid escalating Middle East tensions and Japan’s new Prime Minister Shigeru Ishiba’s policies. Key market responses are anticipated.
US dividend ETFs bask in investor attention after jumbo Fed rate cut (05-10-2024)
U.S. dividend ETFs garnered $3.05 billion in September after the Fed’s rate reduction, reflecting a hunt for income amid expected yield drops. However, rising 10-year Treasury yields and the S&P 500’s high valuations may influence future inflows.
Wall Street Week Ahead: Investors look to earnings to support record-high stock prices (05-10-2024)
Corporate earnings season is beginning next week. Investors hope strong results will support high valuations in the U.S. stock market, which is near record highs. The S&P 500 has risen 20% year-to-date. Key earnings reports from major financial firms and U.S. consumer price data next week will be crucial for the market’s direction.