TRUMP HANDLING OF ECONOMY
Wall Street rallies after Fed keeps rates unchanged
U.S. stocks surged as the Federal Reserve kept interest rates steady and projected potential rate cuts later this year. The decision comes amidst uncertainties surrounding President Trump's tariff policies and their impact on the economy. Market gains were further supported by comments from Fed Chair Powell and positive movements in sectors like consumer discretionary stocks.
Federal Reserve could still cut interest rates this year, but for 'bad' reasons
Even as the economy undergoes what may be wrenching changes, the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year - the same forecast it issued in December.
Donald Trump’s approval rating nosedives in nation’s most accurate poll, signaling major shift in public opinion; here's what's gone wrong and what happens next
Donald Trump's approval rating has dropped significantly. Economic uncertainty and contentious tariff decisions appear to be influencing public opinion. Recent polls show a decline in approval ratings due to discontent with his management of the economy. His approval rating is crucial as it can affect his ability to advance his agenda and change the political climate.
Zomato, Paytm, PB Fintech: Is it time to re-enter these high-beta stocks? Dipan Mehta answers
We need to be very selective when it comes to software companies and focus only on the companies which have demonstrated that they can grow at the mid-teens and not at that typical 8-10% type of growth rate because companies growing at 8-10% top line will never give superior returns over the longer period.
Good news for the President: Donald Trump’s approval soars to all-time high as poll shows most Americans believe U.S. is on the right track
US President Donald Trump achieves a 47% approval rating, the highest in his presidency, according to a new NBC News survey. The poll reveals an increasing number of Americans, 44%, believe the country is on the right track, and 47% approve of Trump's overall performance. The survey highlights support for his policies on trade, border security, and government efficiency.
US tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects
The Trump administration's tariffs on imported goods from Canada, Mexico, and China are driving up the cost of building materials, impacting new home construction and remodeling projects in the US. These increased costs are expected to raise the price of building a single-family home by USD 7,500 to USD 10,000, potentially hurting demand in an already sluggish housing market.
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Trump's approval rating soars to new high, Americans say US is on right track than any time in 20 years: poll
US President Donald Trump's approval rating has reached 47%, equaling his highest mark, according to the latest NBC News poll. Despite this, 51% of Americans disapprove of his performance, especially regarding the economy. His border policies received 56% approval, while 54% believe the country is on the wrong track. Trump maintains strong support among Republicans.
Rotation out of US markets into EM starting, India could be a big winner: Ajay Bagga
Ajay Bagga, a market expert, indicates a shift of funds back to emerging markets, benefiting India and China. Global brokerages are endorsing Indian markets, anticipating further growth, especially in banking. RBI's liquidity measures and potential rate cuts may bolster the economy. Midcaps are expected to outperform, while U.S. market's uncertainty persists.
Recession fears grip Wall Street: Could Trump's tariff war tip US into economic turmoil?
Economic slowdown fears in the U.S. intensify as trade war escalations and tariff hikes fuel market volatility. The Nasdaq enters correction territory, while the Federal Reserve revises GDP forecasts downward, increasing recession concerns. Analysts warn of further economic contraction.
US tariffs: India will become a less attractive destination for investment in manufacturing
The big economic story, post-pandemic and before Trump 2.0, was India as 'China Plus One' for global manufacturing. Even some positive outcomes were seen, most notably in the electronics sector like Foxconn factories. But fortuitous circumstances seemed to erode post-2024 general elections. Now, less than two months into the new Trump era, 'China Plus One' looks unlikely to have a future.
Donald Trump faces economic backlash as 56% of Americans disapprove of his performance since returning to office, signaling growing dissatisfaction
A new CNN poll indicates that 56% of Americans are unhappy with President Trump's economic performance. The survey also shows 54% disapproval of his overall presidency. Yet, 92% of Republicans and 91% of Trump voters from 2024 still support him. The poll was conducted from March 6 through March 9 with 1,206 participants.
Infra, credit to be new growth areas for Blackstone in India: Stephen A Schwarzman
“Dramatic changes in capital flows are the biggest risk… If every country starts retaliating and becomes an island, then it imperils the global system”
Trump playing Holi in the dark with trade
Donald Trump's tariff strategy aims to improve the US trade balance and boost domestic manufacturing. He uses tariffs selectively and negotiates based on economic pushback. By starting from an extreme position and recalibrating, Trump intends to bring surplus economies to negotiate. The approach is fluid, adapting to business and consumer reactions to inflation to avoid stalling the US economy.
Who is Scott Bessent, Donald Trump's Treasury chief
Scott Bessent, a prominent Wall Street investor, has been confirmed as the US Secretary of the Treasury, making history as the first openly gay cabinet member in a Republican administration. With 40 years of global investment experience, Bessent faces challenges in handling US-China relations and fiscal policies, while prioritizing economic growth and stability.
An unexpected Donald Trump bump for the world's centrists
Global politics are being reshaped by President Trump’s policies, bolstering centrist leaders and destabilizing right-wing populists. Britain's Prime Minister Starmer has gained domestic approval through diplomatic efforts, while his rival Farage faces criticism. Similarly, Trump’s impact is felt in Canada, Germany, and beyond, where mainstream leaders are consolidating power against rising populist forces.
Do whatever the hell you want...: Iran's President Pezeshkian refuses to negotiate with Trump 'under threats'
Iran's President Masoud Pezeshkian rejected any negotiations with U.S. President Donald Trump, stating he would not engage under threats. This came after Trump reportedly sent a letter urging Tehran to negotiate a nuclear deal. Pezeshkian expressed defiance, saying, "Do whatever the hell you want."
From USAID to CIA, how hard have US agencies been hit by Trump and Elon Musk's layoffs?
U.S. President Donald Trump and Elon Musk are leading a campaign to reduce the federal civilian workforce, with over 100,000 employees already affected. Layoffs span various departments, including Veterans Affairs, the Defense Department, USAID, IRS, and more. Significant job cuts are expected to continue, impacting career government workers and essential agency functions nationwide.
Hang Seng ETFs on fire. Should mutual fund investors switch gears?
Hang Seng ETFs have delivered a strong 38.93% return this year, leading global equity funds. Alibaba's Hong Kong-listed shares have surged 74% in 2025, fueled by strong earnings, government support, and advancements in AI. Experts advise balanced investing, with domestic focus and strategic international diversification.
Sensex gains over 300 points, Nifty surpasses 22,600 as bulls attempt a comeback
Domestic benchmark equity indices traded marginally higher on Monday, with gains in Bajaj Finance and ICICI Bank being offset by losses in IndusInd Bank and auto stocks. Sentiment is affected by U.S. tariff policies and potential reciprocal tariffs on India, leading to market uncertainty.
Can't let industry be a victim of dumping, says FM Nirmala Sitharaman amid tariff wars and threat to free trade
Finance Minister Nirmala Sitharaman emphasizes India's potential amidst global challenges at the ET Awards. She addresses concerns about geo-economic fragmentation, dumping of goods, GST rationalization, private investment, and public sector bank reforms. Sitharaman reiterates the importance of prioritizing India's interests in free trade agreements and highlights ongoing improvements for a stable financial market.
Even as the current storm shall soon pass, how can India prepare itself for future shocks?
Indian markets experienced a correction phase since October 2024, with equity markets declining by 14%, exchange rates depreciating by 4%, and reserves falling by $65 billion. This is not an isolated event but part of recurring episodes triggered by global developments, particularly in the US. India's strong macroeconomic policies have historically helped mitigate such shocks.
Iran's Ayatollah Ali Khamenei says Tehran will not negotiate under US 'bully' pressure
Iran's Supreme Leader Ayatollah Ali Khamenei asserts that Tehran will not be coerced into negotiations, following U.S. President Donald Trump's proposal to discuss a nuclear deal. Trump has maintained a 'maximum pressure' campaign while expressing willingness for a deal. Khamenei claims the U.S. seeks to impose its own expectations through negotiations.
Trump wrote to Iran's leader about that country's nuclear program and expects results 'very soon'
President Trump seeks a new nuclear deal with Iran, sending a letter to Supreme Leader Ali Khamenei. Trump emphasizes diplomacy but hints at potential military action if negotiations fail, amid heightened tensions over Iran’s advancing uranium enrichment nearing weapons-grade levels.
US tariff policy could lead to global price hikes: Amitendu Palit
Trump's tariffs are poised to raise global product prices, affecting inflation worldwide. There is uncertainty regarding the final impact, particularly between U.S. and China. Businesses are confused about supply chain adjustments, as tariffs may disrupt trade terms and increase inflationary pressures.
Blood on the Streets? Not Yet: Trump, FPIs are sideshows in ongoing ‘market corrections’
Despite sharp market corrections and the impact of global trade negotiations, Indian markets remain resilient with strong domestic flows and stable economic markers. However, growth expectations should be realistic, given the potential long-term challenges posed by technology-driven disruptions in key sectors.
Watch Al Green being removed by sergeants for disrupting Donald Trump's address to Congress
At Trump's first joint address to Congress, Democratic lawmaker Al Green interrupted the speech, resulting in his removal from the House chamber. Republican members celebrated Green's departure. Trump continued his speech, addressing issues such as election mandates and inflation. Democratic members protested quietly with signs. The speech saw contrasting reactions from both parties.
2025 will not be a repeat of 2008; advising clients to go very long on India: Jim Walker
Jim Walker, Chief Economist at Aletheia Capital, discusses the likely slowdown in the US economy, potential changes in US trade policies, and the impact on global markets. He emphasizes India's promising growth, stable policies, and the need for deregulation. Additionally, he mentions the appeal of gold and copper investments amid economic uncertainties.
Defence mutual funds back in focus as European military spending expectations rise
Over the weekend, leaders from major European economies agreed to increase defense spending, aiming to bolster the continent's ability to protect itself amid uncertainty over US NATO commitments.
Trump trade threats compound global ocean shipping uncertainty
The global ocean shipping industry, responsible for 80% of world trade, faces uncertainty due to U.S. President Trump's trade tensions with several nations. Increased tariffs and additional fees could harm the global economy, impacting shipping demand, prices, and consumer costs.
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