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Market underestimating likely bad news from US, says White Oak’s Somaiyaa

He cautioned investors, saying the banking crisis in the US may not have played out fully, even though the situation appears to be under control for now. He cited the ILFS default of 2018 when the follow-on effects were felt over the next nearly three quarters on system liquidity, credit flow, and inter-bank faith.

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​ He cautioned investors, saying the banking crisis in the US may not have played out fully, even though the situation appears to be under control for now. He cited the ILFS default of 2018 when the follow-on effects were felt over the next nearly three quarters on system liquidity, credit flow, and inter-bank faith. He cautioned investors, saying the banking crisis in the US may not have played out fully, even though the situation appears to be under control for now. He cited the ILFS default of 2018 when the follow-on effects were felt over the next nearly three quarters on system liquidity, credit flow, and inter-bank faith.  Moneycontrol Latest News Read More  

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