For value investors, the light is not yet flashing red, but if interest rates remain higher for longer or inflation subsides, this is a ratio to revisit
Federal Reserve s decisions, especially on interest rates, have a profound impact on global markets, including India. Chair Jerome Powell, could chalk out a future trajectory, without any rate cuts this year, or bring it down from the three rate cuts the other Fed officials were projecting. Young retail Indian investors can mistakenly treat these macroeconomic developments lightly, believing instead that it wont have an impact on the Indian markets. But that would be a costly blunder.