
#829 Trump’s Peace Gesture and Tehran’s Response Confuse Markets
The Core Report
Why Asset Prices Fall Before Policy Moves
Ajay Shah explains how forward-looking markets preempt inflation, rate moves and foreign selling, pressuring the rupee.
On Episode 829 of The Core Report, financial journalist Govindraj Ethiraj talks to Ajay Shah, economist and co-founder of the XKDR Forum as well as Richa Sawhney, Partner at Grant Thornton Bharat.
SHOW NOTES
(00:00) Stories of the Day
(00:50) Trump makes a fresh gesture of temporary peace even as Israel continues to pound Tehran leaving markets confused as always
(04:28) How India is quite literally fighting to get through a tanker at a time through the Strait of Hormuz
(10:36) Should India allow the rupee to float freely and thus depreciate further?
(27:35) New Income Tax Rules are here, what do they mean?
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