US Taper Delay Was No Surprise: Andrew Freris
  • Elizabeth George
  • Sep 27 2013

September 27: BNP Paribas Wealth Management’s Andrew Freris says the Fed is not going to do anything until the jobs data is on track. “Until December, we expect monetary policy to stay fully supportive on equities,” he says, adding that the organization is now increasingly favourable towards Europe and some Asian markets. However, he remains negative on India due to a tight monetary policy, an incoherently loose fiscal policy and an uncertain rupee.