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PATA Annual Summit 2024: Reimagining tourism in Macao

PATA Annual Summit 2024: Reimagining tourism in Macao
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Observe AI Named a Strong Performer in Real-Time Revenue Execution Platforms by Independent Analyst Firm

Observe AI Named a Strong Performer in Real-Time Revenue Execution Platforms by Independent Analyst Firm
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stock market outlook: If crude goes above $90, should equity markets begin to feel the heat? Anand Tandon answers

Anand Tandon says we should be monitoring oil prices for potential energy cost increases and warns of pressure on equity markets. He further suggests smoother housing cycle uptake through housing finance and advises caution on Zomato s premium valuation. Further, he analyses Q4 updates from smaller banks, highlighting the importance of stability in banking.

equity allocation: Time to reduce equity allocation; hide behind defensives: Anand Tandon

According to Anand Tandon, for sustained market growth, earnings need to catch up. Market has run ahead of earnings, lacking supportive valuations. Momentum has been broken, time to move into defensive areas like IT. Look for global triggers and investment ideas in international markets. Analysts have turned far too bullish and now they are having to tone down and that will put a little bit of a cap in terms of how much the market can go.

smallcaps: Consumer durables will probably lag overall market; play realty via HFCs: Anand Tandon

Anand Tandon advises investing in housing finance companies and the life insurance sector. He cautions about the froth in smallcap, midcap space and the regulation issues in the fintech space. Paytm s profitability may improve. US commercial real estate prices have collapsed. China s real estate market faces debt issues. There can be individual onsumer goods stocks which one can look at, but broadly, this sector will probably lag the overall market

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