Latest news with #SethRFreeman
Economic Times
2 days ago
- Business
- Economic Times
Weak dollar trend may favor emerging markets amid US deficit concerns: Seth R Freeman
It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this. Seth R Freeman discusses the negative impact of tariffs on Mexico and Europe, highlighting the uncertainty it creates for businesses. Despite tepid market reactions, Freeman suggests lower trading volumes due to summertime may be a factor. He believes gold's rally is tied to geopolitical issues, not tariffs, and anticipates strong earnings in healthcare and travel sectors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads "We are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this," says Seth R Freeman Well, it must be very tough for both Mexico and Europe because in many ways they have been trying to be responsive to Trump's threats, and I just view it as completely negative. We do, in particular, so much trade with Mexico. Quite a few American cars are actually assembled in Mexico, and it is just completely disruptive. And at the same token, Trump was asked, on Thursday or Friday about the August 1st date, and he says it is flexible. So, it makes it very hard for businesses to plan and for the Fed to read how this contributes to its I was looking, and the futures are just down a bit. I guess maybe the market is feeling a little blasé because of kind of the back and forth about if, how much, and when on the tariffs. Also, though there is an effect when it is summertime and volumes are just basically lower, so that that might be also what we are seeing when the markets open up, the US markets open up tomorrow my time, it might be another gold is not really reacting to tariffs. It was reacting to pretty severe geopolitical things going on beginning a month ago. And for that reason, maybe gold will settle down a bit. But it is still not over in the Middle East, for example, so that is where gold may have some more room to go with the reduction in in Medicaid reimbursements from the Trump policies, I still think healthcare is going to be a strong sector, and we are going to see some real upside in the travel and hospitality area. Americans are traveling at higher rates than ever and that is going to translate into some good reports from the hospitality is possible after people really begin to understand the impact of the big beautiful bill that they will be increasingly concerned about deficits here in the US and that would be negative for the dollar. But we are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this.
Time of India
2 days ago
- Business
- Time of India
Weak dollar trend may favor emerging markets amid US deficit concerns: Seth R Freeman
It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this. Seth R Freeman discusses the negative impact of tariffs on Mexico and Europe, highlighting the uncertainty it creates for businesses. Despite tepid market reactions, Freeman suggests lower trading volumes due to summertime may be a factor. He believes gold's rally is tied to geopolitical issues, not tariffs, and anticipates strong earnings in healthcare and travel sectors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads "We are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this," says Seth R Freeman Well, it must be very tough for both Mexico and Europe because in many ways they have been trying to be responsive to Trump's threats, and I just view it as completely negative. We do, in particular, so much trade with Mexico. Quite a few American cars are actually assembled in Mexico, and it is just completely disruptive. And at the same token, Trump was asked, on Thursday or Friday about the August 1st date, and he says it is flexible. So, it makes it very hard for businesses to plan and for the Fed to read how this contributes to its I was looking, and the futures are just down a bit. I guess maybe the market is feeling a little blasé because of kind of the back and forth about if, how much, and when on the tariffs. Also, though there is an effect when it is summertime and volumes are just basically lower, so that that might be also what we are seeing when the markets open up, the US markets open up tomorrow my time, it might be another gold is not really reacting to tariffs. It was reacting to pretty severe geopolitical things going on beginning a month ago. And for that reason, maybe gold will settle down a bit. But it is still not over in the Middle East, for example, so that is where gold may have some more room to go with the reduction in in Medicaid reimbursements from the Trump policies, I still think healthcare is going to be a strong sector, and we are going to see some real upside in the travel and hospitality area. Americans are traveling at higher rates than ever and that is going to translate into some good reports from the hospitality is possible after people really begin to understand the impact of the big beautiful bill that they will be increasingly concerned about deficits here in the US and that would be negative for the dollar. But we are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this.
Economic Times
07-07-2025
- Business
- Economic Times
We are going to see volatility this week over tariff uncertainty: Seth R Freeman
Synopsis Market anticipates volatility after July 4th due to lower trading volumes. Potential trade tariffs imposition adds uncertainty. Bessent considers extending the July 9th deadline. This injects more uncertainty into the market. Oil market faces higher supply than expected. This could initially lower prices. Extra supply is expected to be picked up, potentially short-lived. Seth R Freeman, GlassRatner Advisory, says after July 4 holidays market volatility is anticipated as it typically brings lower trading volumes, amplifying price movements. The potential imposition of trade tariffs, initially set for July 9th but possibly extended, further contributes to uncertainty. These factors combined are expected to cause increased market fluctuations. ADVERTISEMENT How is the global market setup looking to you given that we are entering the tariff deadline week and there could be some clarity on US' tariffs on Wednesday. Do you expect this week to be a volatile one after registering those record highs last week? Seth R Freeman: I expect it to be volatile for a number of reasons. One, with the July 4 holidays, in general, we have lower volume. So, what would normally be price movements get a little more exaggerated on lower volume. I was just reading a little while ago that although the announcement now is that trade tariffs may be imposed as of August 1 instead of July 9th, Bessent, our treasurer, is talking about maybe extending this July 9th date. So, all this does is inject more uncertainty, and for that reason, we are going to see volatility. Also, what are your thoughts on the oil market because of the recent OPEC plus decision? If you track the oil market closely, can you tell us what this means for demand-supply dynamics? Do you expect oil prices to fall further from the current $67-68 per barrel mark? Seth R Freeman: It appears there is going to be a much higher supply than originally expected and this is good for lowering prices initially. I was reading earlier there is an expectation that extra supply is going to be picked up. So, it may just be short lived. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
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)
