India's 'mini-demonetisation', via the withdrawal of 2000-rupee currency notes, has no monetary policy implications but may have political motivations, said Jefferies' Chris Wood.
"The most obviously positive point, from a stock market standpoint, is that the monetary tightening cycle is all but over with inflation falling in recent months," he wrote.in May.
With the monetary policy tightening cycle over, there is "no obvious near-term trigger for a further valuation de-rating save for a bout of external risk-off market action", he wrote.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The US is losing the bitcoin movement because of regulation: Cathie WoodThe US is losing the bitcoin movement because of regulation, Cathie Wood says
Leer más »
Cathie Wood's ARK Invest sold Nvidia stake just before $585 billion rallyCathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value
Leer más »
Chris Cart3r and HOLiDAY Tease Joint EP The Sky Is on FireDenver rappers Chris Cart3r and HOLiDAY met through fate.
Leer más »
Tim Allen Rehashes His Confusion With Lightyear, But Still Praises Chris EvansAfter criticizing it last year, Tim Allen gives a better explanation about his confusion toward Lightyear, and praises Chris Evans in the process.
Leer más »
Phil Lord & Chris Miller Name ‘Project Hail Mary’ Adaptation as Next ProjectIn the sci-fi novel by Andy Weir, the story centers around a junior high school teacher named Ryland Grace who wakes up from a coma.
Leer más »
Westchester County Legislator Chris Johnson faces questions over where he livesAn investigation is underway into the actions of Westchester County Legislator Chris Johnson. He still owns an affordable housing unit, even after moving to an $800,000 house that is outside the district he was elected to serve. AielloTV reports.
Leer más »