The India–US trade deal marks a turning point for equities by removing a major source of tariff uncertainty, and lifting investor sentiment, according to top money managers.
They said the worst of the market stress may have peaked for now, but the trade agreement is unlikely to be a game-changer, and returns will ultimately hinge on an earnings revival. Most fund managers expect equity returns in 2026 to broadly track corporate earnings—about 12–15%. They favour diversified portfolios, export-oriented sectors and selective opportunities in midand small-caps.
Treasury Secretary Scott Bessent announced that US dollar-denominated bills featuring President Donald Trump’s signature were being introduced to commemorate the...
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