scorecardresearchMarket up on a fine balance between various indicators, but the road ahead not smooth: Mahesh Nandurkar of Jefferies

Market up on a fine balance between various indicators, but the road ahead not smooth: Mahesh Nandurkar of Jefferies

Updated: 12 Aug 2022, 01:12 PM IST
TL;DR.
  • Nandurkar pointed out that there seems to be a belief that the Fed is not going to be that much hawkish anymore because the inflation seems to be getting better.
The concerns over recession have also abated after the jobs data and some of the other economic indicators indicated that things are not that bad.

The concerns over recession have also abated after the jobs data and some of the other economic indicators indicated that things are not that bad.