European markets are heading for a flat to lower open ahead of the European Central Bank’s policy meeting Thursday.The central bank is convening amid falling inflation and a slight recovery in economic activity but it is expected to hold rates at a record 4%. Market expectations are that a rate cut will come in June.
Markets could be about to get a big clue on when the European Central Bank will cut rates
Elsewhere, Asia stocks rose overnight after comments from U.S. Federal Reserve Chair Jerome Powell on Wednesday. He reiterated his stance that while the central bank could start cutting rates, it was “not immediately ready.”U.S. stock futures inched down Thursday after the major averages posted their first winning session in three days.
How can foreign investors cash in on India’s growth? Here are the ETFs and stocks to buy
India’s economic prospects are shining bright, attracting global investors eager to capitalize on the country’s immense growth potential.The International Monetary Fund expects India’s real gross domestic product (GDP) to expand by 6.5% in 2024. However, tapping into these opportunities as a foreign investor is not as straightforward as buying shares listed on the Indian stock exchanges. Limits on foreign ownership, complex tax implications, and corporate governance concerns create barriers.Analysts love these value stocks, giving 4 more than 30% upside
Many growth stocks are becoming expensive, prompting some investors to turn to value stocks.”The S&P 500 at 5,075 with expected earnings growth of 10% for 2024 gives us $243 a share and puts us at 21X earnings – its pricey, plain, and simple,” said Brian Szytel, senior managing director of The Bahnsen Group, in late February. The S&P 500 closed around 5,078 on Tuesday.He said he wouldn’t own the index at that level. “I would however, own parts of the market shift to more value-oriented names and believe that rotation that started in 2022 from growth to value will resume. This is a time to earn ‘carry’, income, and dividends,” he said.
