Record run in small, midcaps may continue as inflows continue unabated despite warning signals

Record run in small, midcaps may continue as inflows continue unabated despite warning signals

The record-breaking run in the red-hot mid-cap and small-cap stocks is likely to carry on as continued flows into equities from domestic investors are seen driving the bullish momentum. Analysts said, however, the pace of upside in these stocks especially those that have outperformed in recent weeks could slow after the US Federal Reserve’s rate-setting … Read more

Fed rate cut: Fed rate cut not likely next week, but possible in September: Peter Cardillo

Fed rate cut: Fed rate cut not likely next week, but possible in September: Peter Cardillo

Peter Cardillo of Spartan Capital Securities LLC, says there is a very good possibility that with the weakness coming out of the Chinese economy, which will eventually hurt the global economy, we might get a surprise move by the Fed in September by half a percent rather than a quarter of a percent. And I … Read more