Latest news with #SethRFreeman
Time of India
5 days ago
- Business
- Time of India
Oil prices may face further pressure amid OPEC+ supply glut: Seth R Freeman
"There is an expectation of lower oil prices and the logic I was reading about India's position on not changing its oil purchases from Russia in response to the tariff announcement and the explanation that India was somehow helping keep prices stable by absorbing lower priced oil from Russia, I found that very interesting, says," Seth R Freeman , GlassRatner Advisory. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Operations Management Healthcare Public Policy Product Management MBA Degree Technology Artificial Intelligence Others Data Analytics Digital Marketing MCA CXO PGDM Leadership Management healthcare Finance others Data Science Project Management Design Thinking Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo Now, the US has experienced a very volatile past week and it has historically been a difficult week for US stocks. Now going forward, how should the street prep for this kind of volatility and do you expect this spillover to continue for the Indian markets as well? Seth R Freeman: Well, the combination of the adjustments in labour market statistics plus the tariffs plus political news is going to definitely at least maintain if not increase volatility particularly as I have mentioned previously volumes are relatively low because of the summer vacation which can really move the market disproportionately. So, in many ways we really have to look at the after Labour Day period to get a better sense. Also wanted your thoughts on the oil market because of the OPEC plus outcome . It was largely on expected lines, but supply is likely to increase in the global market. Do you expect further pressure on oil especially from the kind of levels that we are seeing, currently it is at $68, $69 per barrel. Could it fall further especially because of supply glut that we are expecting for the rest of this calendar year? Seth R Freeman: There is an expectation of lower oil prices and the logic I was reading about India's position on not changing its oil purchases from Russia in response to the tariff announcement and the explanation that India was somehow helping keep prices stable by absorbing lower priced oil from Russia, I found that very interesting. Live Events
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.
Economic Times
21-07-2025
- Business
- Economic Times
Seth R Freeman sees Fed rate cut only if labour market softens further
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel "Investors will go into gold when the dollar is weak and there is this kind of risk environment. What is more incredible, frankly, is the increase of interest in Bitcoin. So, we are definitely in a whole new world here," says Seth R Freeman , GlassRatner the rest of the world is also seeing inflation, although interest rates, of course, in the EU are much lower than the United States, we are still in unknown territory in terms of where the tariffs are going to end up and we would not know really until the next couple weeks on August 1st. Although today the government was saying that August 1st is not a firm date and, of course, countries can continue to negotiate after there seems to be optimism about earnings in spite of concern about tariffs and that is obviously what the market is thinking about. It is not clear that the Fed in September is going to lower rates. Maybe if the labour market continues to soften slightly, the Fed might lower rates and that expectation will help boost the markets. We are also in the summertime and volumes are lower, so a shift in the market on a lower volume can have a greater impact on pricing. But we are seeing a lot of layoffs on major companies. For example, Daimler announced it is laying off 2,000 or putting on furlough 2,000 employees out of its 29,000 employees in the Daimler Truck division and that is significant and we are going to continue to see companies retracting where they investors will go into gold when the dollar is weak and there is this kind of risk environment. What is more incredible, frankly, is the increase of interest in Bitcoin. So, we are definitely in a whole new world here.
Time of India
21-07-2025
- Business
- Time of India
Seth R Freeman sees Fed rate cut only if labour market softens further
"Investors will go into gold when the dollar is weak and there is this kind of risk environment. What is more incredible, frankly, is the increase of interest in Bitcoin. So, we are definitely in a whole new world here," says Seth R Freeman , GlassRatner Advisory. Give us a sense of all the action that we have seen from the global markets last week given the kind of tariff announcements we have seen, US is continuing to hold on to the green, but what could be the ripple effect on the rest of the world? Seth R Freeman: Well, the rest of the world is also seeing inflation, although interest rates, of course, in the EU are much lower than the United States, we are still in unknown territory in terms of where the tariffs are going to end up and we would not know really until the next couple weeks on August 1st. Although today the government was saying that August 1st is not a firm date and, of course, countries can continue to negotiate after that. Explore courses from Top Institutes in Select a Course Category Design Thinking Data Analytics Technology Management Product Management Data Science Degree Public Policy Finance Artificial Intelligence Cybersecurity Project Management PGDM Operations Management healthcare Digital Marketing MCA Leadership MBA others Healthcare CXO Others Data Science Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Do This Before Bed And Watch Your Tummy Shrink Beauty Ideas Read More Undo And what do you think the impact is going to be on the market? So far we have seen the markets have remained largely, we have not seen any swings as and when the tariff announcements have kept coming except for the April lows that we touched, later on all the other deadlines that we saw there have not been like huge swings. So, what is the expectation going forward for August one and in the weeks before that? Seth R Freeman: Well, there seems to be optimism about earnings in spite of concern about tariffs and that is obviously what the market is thinking about. It is not clear that the Fed in September is going to lower rates. Maybe if the labour market continues to soften slightly, the Fed might lower rates and that expectation will help boost the markets. We are also in the summertime and volumes are lower, so a shift in the market on a lower volume can have a greater impact on pricing. But we are seeing a lot of layoffs on major companies. For example, Daimler announced it is laying off 2,000 or putting on furlough 2,000 employees out of its 29,000 employees in the Daimler Truck division and that is significant and we are going to continue to see companies retracting where they can. Also, give us your sense on gold. What are you spotting on this front? And more than gold as well, the dollar index because the dollar index has been largely under pressure. Slight recovery if you could call it that over the last couple of weeks is what we have seen for dollar index. But other than that, it has been taking a beating so far. Any improvement if you are spotting on that front and your thoughts on gold? Seth R Freeman: Well, investors will go into gold when the dollar is weak and there is this kind of risk environment. What is more incredible, frankly, is the increase of interest in Bitcoin. So, we are definitely in a whole new world here. Live Events
