The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that they have to go back to zero, but they have to be more aggressive,” the … Read more
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. “Bitcoin is the king. … Read more
The finance ministry is not in favour of any major regulatory intervention in the stock market, and believes that over-regulation could lead to nervousness among participants, ETNow news channel reported, quoting sources. The news comes in the backdrop of the recent measures taken by the Securities and Exchange Board of India (SebI) to check on … Read more
Jainam Broking Limited, a prominent stock broking company based in Gujarat, concluded the 5th edition of the Indian Options Conclave 5.0, an esteemed annual gathering for options traders, investors, and enthusiasts. Held at the state-of-the-art YPD World Convention Centre in Surat, Gujarat, on March 15th and 16th, 2024, the event, themed “Traders Mahakumbh,” attracted over … Read more
The Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, on Monday raised concerns over stretched valuations of small- and mid-cap stocks, which are generally favoured by retail investors and have continued to enjoy their patronage through monthly purchase mandates to mutual funds built around such investment themes. “There are pockets of froth … Read more
Mumbai: Staggered equity investments through monthly plans surged to a record in December, helping draw substantial cash to mutual funds investing in risk assets through a month that saw the main index breach the 21,000 mark. Expectations of interest rates peaking out globally, political continuity after the state election results, and India’s world-leading growth credentials … Read more
