Mutual Fund or Bank deposit ?
With better vaccination numbers and gradual success in policy normalisation for the Reserve Bank of India, the monetary policy committee may choose to maintain a status-quo on policy rates when its meets this week. Instead the Reserve Bank may choose to raise the reverse repo rate in between policy meetings.
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Gold was set for a third straight weekly drop on Friday, weighed down by signals from Federal Reserve officials that the central bank could end its pandemic-era asset purchases and raise interest rates faster than expected to combat surging inflation. FUNDAMENTALS * Spot gold rose 0.1% to $1,771.04 per ounce by
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The latest market setback may be a foreshock to a more serious downturn.The Leuthold Group's Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies."We are way overdue for a correction, and we're going to get
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Bridgewater Associates' Ray Dalio stood by his belief that cash is not the place to be despite the volatility in the markets triggered by the new omicron Covid variant."Cash is not a safe investment, is not a safe place because it will be taxed by inflation," the founder of
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While Wall Street is on alert as a new Covid-19 variant spreads, Stifel's chief economist is hesitant to change her economic outlook.Lindsey Piegza sees lockdown risks tied to omicron, but she suggests it's too premature to downgrade forecasts based on them."If in fact the variant comes into play and
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Tim Macpherson | Image Source | Getty ImagesInflation is increasing gift costs for a "true love" this Christmas season.The Christmas Price Index is up 5.7% in 2021 relative to its pre-pandemic level in 2019, the largest increase in eight years, according to an annual calculation published by PNC, a
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A long-time market bull is tempering his outlook due to inflation.Federated Hermes' Phil Orlando expects the Federal Reserve will lift interest rates six times over the next two years to tame massive price increases from vehicles to shelter to food."Our best guess is that we will see two quarter
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Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.The committee that sets interest rates for the Fed on Wednesday released the minutes from the November session where it first signaled that
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krisanapong detraphiphat | Moment | Getty ImagesBlack Friday and Cyber Monday are almost here — and consumers shopping for the winter holidays should be on the lookout for online scams.U.S. sales online are expected to hit $207 billion this holiday shopping season, between Nov. 1 and Dec. 31, according
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Bryn Mawr Trust's Jeff Mills is recommending stocks involved in supply chains, cybersecurity and e-commerce because they have "staying power."He credits the groups' capacity to insulate investors from the tug-of-war between growth and cyclical stocks.Mills' first pick focuses on companies helping supply chains."You're starting to hear a narrative of
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