Greed

Indian equities are struggling in 2025 with significant foreign selling and stretched valuations. Despite this, domestic inflows have prevented deeper losses. Jefferies forecasts improvement in India's macro outlook, but warns of risks from political giveaways and valuation vulnerabilities.

Christopher Wood of Jefferies warns that the belief in the TACO trade's safety is waning as tariff threats could have significant macroeconomic impacts. Investors are underestimating the risks associated with escalating trade tensions, which could lead to a market correction.

In his latest report, Chris Wood discusses reduced U.S.-China tariffs and the potential for India to gain from a shift in global trade dynamics. The analysis suggests a long-term decline in U.S. market dominance, positioning India as a favorable destination for capital and manufacturing.

Jefferies' Chris Wood has increased India's allocation in their Asia Pacific portfolio, citing its potential as a macroeconomic safe haven amid global financial turbulence. This move reflects confidence in India's resilience, aided by low trade dependence and declining oil prices.

In his GREED & fear note, Christopher Wood cautions about a looming market crash driven by passive investing and trade tensions. He criticizes the current US economic leadership and emphasizes the need for diversified investments amid rising volatility and uncertain policies.

Indian students who want to study abroad and their parents who want to send them abroad and have budgeted for it - you ARE going to have to recheck that calculation now. This because the continuous decline of the Indian rupee against the dollar over the last few months is going to impact your budget... it's already hitting those who are studying, especially in countries like US, UK, other parts of Europe … and other popular study abroad destinations. This at a time when countries like US, Canada, UK, Australia and others are all tightening visa regulations... and more importantly, they're tightening regulations through which you can actually get jobs in these countries after studying. This comes as a double whammy. So is it really worth it to go abroad to study anymore?

Chris Wood of Jefferies has adjusted his India long-only portfolio amid declining equities, adding InterGlobe Aviation while reducing investments in Coal India and Thermax.

Christopher Wood of Jefferies holds a bullish outlook on Bitcoin, maintaining a 10% allocation in his portfolio. He plans to take profits at $150,000, citing historical trends and favourable regulatory shifts, while emphasising Bitcoin as a digital alternative, not a replacement for gold.

Christopher Wood of Jefferies highlights major earnings downgrade for Indian companies amid economic slowdown, yet remains optimistic about the long-term market outlook.