BJP win in Lok Sabha 2024? How money managers are reading political winds
With a massive victory in Rajasthan and Chhattisgarh elections and a comeback in Madhya Pradesh, BJP has set the mood for 2024 Lok Sabha polls towards a possible win.
Uh kinda glad I chose VT rather than lean on VOO, though not that the world is doing any better 😂 I just preferred not to bank on one country, even if most US firms are international, and VOO has historically outperformed VT.
Wonder if there's a Hong Kong ETF equivelant of VT? 🤔
Treasury Secretary Janet Yellen said today she “strongly disagrees” with #Fitch downgrading the U.S. #creditrating from AAA to AA+ and called it “puzzling” and “unwarranted”: “Its flawed assessment is based on outdated data and fails to reflect improvements across a range of indicators...” (Watch here)
JPMorgan Chase CEO Jamie Dimon today called the Fitch downgrade “ridiculous,” but said it “doesn’t really matter.” Dimon also said: “We should get rid of the #DebtCeiling.”
“Donald Trump’s attempt to overturn the 2020 election and growing political polarization in the US contributed to an ‘erosion of governance’ that led a top credit ratings agency to downgrade US debt, a senior director of the company said on Wednesday.