As U.S. Markets Trump, Indian Markets Struggle
The 45th President of the United States, Donald John Trump, has once again captured the spotlight with his audacious promise to ‘Make America Great Again’ (MAGA). And true to form, the U.S. markets have been electrified, with a ‘Trumpified’ risk-on rally taking centre-stage. This surge has been driven by a potent mix of upbeat earnings reports and a renewed optimism in technology stocks, bolstered by Trump’s ambitious plans to invest in AI infrastructure. Investors are riding high on expectations that the Trump administration’s agenda to slash regulations and cut corporate taxes will further boost earnings.