ETMarkets Smart Talk | Rate cuts signal weakening US economy, caution advised despite ‘risk-on’ sentiment: Aashish P Somaiyaa
“Rate cuts typically occur with weak economic data. So, yes, on first thought, people might believe it’s “risk-on,” but it’s usually accompanied by poor economic data, which one should expect from the US, and this could jumble up sentiment for a while,” says Aashish P Somaiyaa, ED & CEO, WhiteOak Capital AMC. In an interview … Read more
