After witnessing a rollercoaster ride in recent months amid high-interest rates, bond yields, and a stronger US dollar, global equities seem to be marching into the New Year’s Eve high on animal spirits. With the triad of negative factors showing signs of easing, brokerages are forecasting a Santa Claus rally that could spill over into 2024. “This December, we will remember,” Josh Brown, a New York-based financial advisor with Ritholtz Wealth
Business News›Prime›Markets›Lower US interest rates, bond yields, DXY: what can fuel the next leg of rally in Indian equities
Investing
Lower US interest rates, bond yields, DXY: what can fuel the next leg of rally in Indian equities
Synopsis
If US interest rates fall further and bond yields ease, more money will start flowing into emerging markets. As the world’s fastest-growing major economy with a massive demographic dividend, India is likely to be one of the favourite markets for institutional investors.
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