How long before the market bottoms out? Nuvama lists out 4 key factors to understand

Earnings downgrades, valuations, US treasury rally, and Federal Reserve/RBI policy actions determine a market bottom, according to the brokerage.

Fed was the ‘culprit’ on SVB, Signature bankruptcies, Wood says

Silicon Valley Bank’s fall last week was the biggest US bank failure in more than a decade. US authorities took extraordinary measures to shore up confidence in the financial system, introducing a new backstop for banks that Federal Reserve officials said was big enough to protect the entire nation’s deposits.

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

<ul><li>MSCI's broadest index of Asia-Pacific shares outside Japan was 1.44% higher, having slid 1.7% on Tuesday after SVB's collapse triggered heavy selling by investors in the last few trading sessions.</li></ul>

Oil dips further as hawkish Powell spurs flight from risk assets

<ul><li>West Texas Intermediate futures edged lower near $77 a barrel after posting the biggest one-day decline since early January. The remarks, made during a testimony before Congress, opened the door to the Fed lifting interest rates by half a percentage point at this month’s meeting and weighed on equity markets on Wednesday.</li></ul>

US dollar hits 3-month high on Federal Reserve's hawkish outlook: Report

The U.S. dollar index, which measures the dollar against a basket of six major currencies, jumped 1.3% on Tuesday to a three-month peak of 105.65. 

Investors see Fed policy mistake driving hard landing, BofA says

<ul><li>US stocks are set for a second week of losses as the Fed reiterated its hawkish stance after raising interest rates 50 basis points on Wednesday.</li></ul>

No Santa rally for markets as central banks dampen peak rate hopes

<ul><li>Central banks in the United States, euro zone, Britain and Switzerland met on Wednesday and Thursday and all slowed the pace of aggressive rate moves.</li></ul>

Bond traders dismiss Fed’s hawkish tone, bet on 2023 rate cuts

Bond investors just don’t seem to buy what the Federal Reserve is selling: that benchmark interest rates will keep moving higher and stay there for an extended period.

Bond yields surge as hawkish Fed comments signal more rate hikes

Money

<ul><li>The benchmark 10-year yield ended at 7.2676%, after closing at 7.2218% on Wednesday. The yield had eased by 8 basis points (bps) in the last three days.</li></ul>

Investors bet Fed will blink if recession hits despite 'higher for longer' mantra

<ul><li>The dynamic came into stark focus after the Fed's monetary policy meeting on Wednesday, when it delivered a widely expected 50 basis point rate increase and projected borrowing costs will rise by an additional 75 basis points by the end of 2023.</li></ul>

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How long before the market bottoms out? Nuvama lists out 4 key factors to understand

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