Latest news with #GlassRatnerAdvisory
Economic Times
28-07-2025
- Business
- Economic Times
Fed likely to hold steady, but September rate cut hopes hinge on data: Seth R Freeman
So, it is positive. It is actually very much related to enthusiasm for AI and the efficiencies coming from AI. "The other aspect that the Fed is looking at is employment rates. So, there is a possibility, the Fed is certainly getting a lot of pressure from the administration, but the chairman has been quite clear that that they are characteristically looking at data and so it may be a little too early. It kind of depends how things look here in the US right after Labour Day," says Seth R Freeman, GlassRatner Advisory. Tell us there are a lot of cues to watch out for as far as Wall Street is concerned, we have a lot of earnings coming out. We also have the important FOMC meet. Now, most of us are expecting the rates to be held steady and the Fed has conveyed this in no uncertain terms despite the pressure coming in from the Trump government. But it is really the commentary that we will be watching out for the hopes of a rate cut perhaps in the month of September. Is that on the cards? Is that talk going to be on the table? Seth R Freeman: Well, that the situation may be, the viewpoint may change now that the deal has been struck with the EU and this concern about what the real effect of tariffs would be here on the US economy. The other aspect that the Fed is looking at is employment rates. So, there is a possibility, the Fed is certainly getting a lot of pressure from the administration, but the chairman has been quite clear that that they are characteristically looking at data and so it may be a little too early. It kind of depends how things look here in the US right after Labour Day. Let us also talk about the IT sector if you could. Now in the US all these major tech companies including the likes of Meta, Microsoft, Amazon they are going to report their earnings this week. So, first up, what is your expectation there and also if you could help us with your stance on the Indian IT sector given the kind of slowdown that we have seen and we are also hearing about workforce cutting, the announcements coming in from TCS. So, what kind of impact do you see from the AI spending going up? Seth R Freeman: Well, at the end of last week, Google was indicating that its business is very robust and really starting to get some payback from AI and there has been a concern that AI would and the fact that you can do searching for example and you get an AI result that maybe you do not have to dig around for different links and that is going to hurt advertising revenue. But I am actually expecting the earnings announcements to be fairly positive across the sector. Certainly, investors think it is going to be positive because look at the gains we have had in the S&P 500 and the Nasdaq. So, it is positive. It is actually very much related to enthusiasm for AI and the efficiencies coming from AI.
Time of India
28-07-2025
- Business
- Time of India
Fed likely to hold steady, but September rate cut hopes hinge on data: Seth R Freeman
"The other aspect that the Fed is looking at is employment rates . So, there is a possibility, the Fed is certainly getting a lot of pressure from the administration, but the chairman has been quite clear that that they are characteristically looking at data and so it may be a little too early. It kind of depends how things look here in the US right after Labour Day," says Seth R Freeman , GlassRatner Advisory. Tell us there are a lot of cues to watch out for as far as Wall Street is concerned, we have a lot of earnings coming out. We also have the important FOMC meet. Now, most of us are expecting the rates to be held steady and the Fed has conveyed this in no uncertain terms despite the pressure coming in from the Trump government. But it is really the commentary that we will be watching out for the hopes of a rate cut perhaps in the month of September. Is that on the cards? Is that talk going to be on the table? Seth R Freeman: Well, that the situation may be, the viewpoint may change now that the deal has been struck with the EU and this concern about what the real effect of tariffs would be here on the US economy . The other aspect that the Fed is looking at is employment rates. So, there is a possibility, the Fed is certainly getting a lot of pressure from the administration, but the chairman has been quite clear that that they are characteristically looking at data and so it may be a little too early. It kind of depends how things look here in the US right after Labour Day. Explore courses from Top Institutes in Please select course: Select a Course Category PGDM Data Science Leadership Data Science Others Cybersecurity Product Management MBA Project Management Public Policy Finance Degree Healthcare Design Thinking Management Data Analytics Digital Marketing MCA Technology healthcare Artificial Intelligence others Operations Management CXO Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How Smart Are You Really? This Test Will Surprise You Try Now Undo Let us also talk about the IT sector if you could. Now in the US all these major tech companies including the likes of Meta, Microsoft, Amazon they are going to report their earnings this week. So, first up, what is your expectation there and also if you could help us with your stance on the Indian IT sector given the kind of slowdown that we have seen and we are also hearing about workforce cutting, the announcements coming in from TCS. So, what kind of impact do you see from the AI spending going up? Seth R Freeman: Well, at the end of last week, Google was indicating that its business is very robust and really starting to get some payback from AI and there has been a concern that AI would and the fact that you can do searching for example and you get an AI result that maybe you do not have to dig around for different links and that is going to hurt advertising revenue. But I am actually expecting the earnings announcements to be fairly positive across the sector. Certainly, investors think it is going to be positive because look at the gains we have had in the S&P 500 and the Nasdaq. So, it is positive. It is actually very much related to enthusiasm for AI and the efficiencies coming from AI.
Time of India
02-07-2025
- Business
- Time of India
Fixed income favored amid global uncertainty: Freeman picks safety over risk for 2025
"Investors look at growth rates and stocks are supposed to be indicators of expectations for the future and a weakening dollar and continued growth in emerging markets is very positive for emerging markets," says Seth R Freeman , GlassRatner Advisory . What is happening in the world, one side there is this interplay between weakness in dollar index and pronounced uptick in equity, on the other side you have got uptick in bond yields and inflation concerns. So, who will get it right, the bond bears or the equity bulls? Seth R Freeman: Well, it is certainly inconsistent. We would expect to see one direction or the other and we are just seeing this. It is indicative of the lack of consensus on both the economy in general and inflation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Best Method for a Flat Stomach After 50 (It's Genius!) Lulutox Undo What should one do because the most crowded trade in the world which is the long dollar index or long live dollar now seems to be reversing. What could be the impact of this adjustment? Seth R Freeman: It is very sentiment driven at this point that the long-dated debt is looking so weak and globally and big investors are looking at the increase in the deficit that we are going to have as a result of the so-called big beautiful bill. What is your view on emerging market equities considering that the weakness in the dollar index could clearly have an impact on long EM trade? Seth R Freeman: Well, again, investors look at growth rates and stocks are supposed to be indicators of expectations for the future and a weakening dollar and continued growth in emerging markets is very positive for emerging markets. Live Events And one is wondering where would India lie in the pie when you talk about emerging markets, clearly Brazil seems to be the favourite right now looking at how their equity markets have performed. But how do you think money is going to manoeuvre itself within the EM pool? Seth R Freeman: It is going to really depend on geopolitical issues with China frankly. The general sense of affinity from the US for investing in China does not change. India is going to be a longer-term beneficiary. And we have other things going on with Mexico and certainly with Canada. And so, we are looking at some very complex issues just here in North America. The other aspects we are seeing today the Korean economy high inflation, but still the overall long-term growth rate in India is positive. So, if you have to choose an asset class for rest of the year, which asset class you would like to choose? Seth R Freeman: I am more oriented right now towards fixed income. At this moment in time that is a safer place to put money. We still don't really know the outcome of the Trump tariff activity. We have got July 9th in the wings. He is having problems negotiating with Japan. There is just too much uncertainty. At the same time, of course, in the last two weeks, the US indices are reaching all-time highs. So, I may not be the best guy.
Economic Times
02-07-2025
- Business
- Economic Times
Fixed income favored amid global uncertainty: Freeman picks safety over risk for 2025
"Investors look at growth rates and stocks are supposed to be indicators of expectations for the future and a weakening dollar and continued growth in emerging markets is very positive for emerging markets," says Seth R Freeman, GlassRatner Advisory. ADVERTISEMENT What is happening in the world, one side there is this interplay between weakness in dollar index and pronounced uptick in equity, on the other side you have got uptick in bond yields and inflation concerns. So, who will get it right, the bond bears or the equity bulls? Seth R Freeman: Well, it is certainly inconsistent. We would expect to see one direction or the other and we are just seeing this. It is indicative of the lack of consensus on both the economy in general and inflation. What should one do because the most crowded trade in the world which is the long dollar index or long live dollar now seems to be reversing. What could be the impact of this adjustment? Seth R Freeman: It is very sentiment driven at this point that the long-dated debt is looking so weak and globally and big investors are looking at the increase in the deficit that we are going to have as a result of the so-called big beautiful bill. What is your view on emerging market equities considering that the weakness in the dollar index could clearly have an impact on long EM trade? Seth R Freeman: Well, again, investors look at growth rates and stocks are supposed to be indicators of expectations for the future and a weakening dollar and continued growth in emerging markets is very positive for emerging markets. And one is wondering where would India lie in the pie when you talk about emerging markets, clearly Brazil seems to be the favourite right now looking at how their equity markets have performed. But how do you think money is going to manoeuvre itself within the EM pool? Seth R Freeman: It is going to really depend on geopolitical issues with China frankly. The general sense of affinity from the US for investing in China does not change. ADVERTISEMENT India is going to be a longer-term beneficiary. And we have other things going on with Mexico and certainly with Canada. And so, we are looking at some very complex issues just here in North America. The other aspects we are seeing today the Korean economy high inflation, but still the overall long-term growth rate in India is if you have to choose an asset class for rest of the year, which asset class you would like to choose? Seth R Freeman: I am more oriented right now towards fixed income. At this moment in time that is a safer place to put money. We still don't really know the outcome of the Trump tariff activity. We have got July 9th in the wings. He is having problems negotiating with Japan. There is just too much uncertainty. At the same time, of course, in the last two weeks, the US indices are reaching all-time highs. So, I may not be the best guy. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
