Exuberance Rules the Market

In a revelation that has sent ripples through the financial landscape, the Indian markets find themselves at an exuberant 'all-time' high, courtesy of the orchestrations led by none other than Jerome Powell. Bestowing a sense of yuletide generosity, Powell, akin to Santa Claus, has surpassed expectations by injecting substantial vigour into the economic stocking. The Federal Reserve's resolute decision has been to maintain interest rates for a third consecutive meeting and its clearest indication yet that the aggressive hiking campaign has drawn to a close.