Americans have long seen anger and attitude from Trump. Whats different now is that the politician who could once detect and shape the public zeitgeist now appears out of touch cloistered, flanked by the elite and motivated by naked self-interest.
The shovels have yet to hit the ground at the Chicago Fires new privately funded $750 million soccer stadium in the South Loop, but we already know who will be serving up food and beverage.
Market strategist Sandip Sabharwal sees selective consumption opportunities despite uneven market participation, favoring steady FMCG names like Dabur and Godrej Consumer, alongside niche plays like Wonderla Holidays. He believes inflation data supports an RBI rate cut, though external commentary on the rupee may lead to caution.
The rupees slide past 90 marks the latest phase in a four-decade depreciation driven by weak flows, record trade deficits, and persistent importer demand. With FPIs selling aggressively, FDI turning negative, and hedging pressures rising, the RBI is easing volatility even as structural vulnerabilities keep the currency under strain.
