Quote on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher
Below the Quote on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher
“Streak Snapped: A social media post over the weekend threatening 100% tariffs on movies that were produced outside the U.S. was enough to break the S&P 500's nine-day winning streak.
If Powell were to focus on the data then the stage could be set for more dovish rhetoric and a potential cut. If Powell continues to talk about uncertainty due to tariffs and their potential inflationary impact, then the thought of cuts could remain just a hope and not a potential reality
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