Long-term bond rates have risen despite Fed rate cuts because of concern about large U.S. fiscal deficits and the ability of global investors to absorb it all, Fed Governor Chris Waller said on Monday. “When I’ve talked to market participants, one of the standard stories I hear is they are generally concerned about large fiscal … Read more
“If I look at, let us say, the Sensex or Nifty, they are trading at about 24 times one year forward PE, 15% to 20% higher than the long-term averages. In the small and in midcaps, the valuations are much more egregious,” says Manishi Raychaudhuri, Veteran Investor.What could be really the red flags out there … Read more
What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more