Ethan Harris

In an interview on CNBC-TV18, Ethan Harris said that trade protectionism will remain a threat next year and the policy mix of US under President-elect Donald Trump will decide the course for emerging markets in 2017.

Not out of woods yet, but worst over for EMs: BofA ML

Withdrawal of liquidity would be challenging for EMs with high budget deficit or current account deficit.

Expect FY13 Sensex earnings to grow 12.1%: Morgan Stanley

Ridham Desai of Morgan Stanley said during the past one month, they have revised down the FY13 Sensex growth forecasts by 1.6 percentage point and expected Sensex earnings to grow 12.1% this fiscal.

Infra, roads likely to gain in near term: Goldman Sachs

Vikram Sahu of Goldman Sachs feels infrastructure and roads are likely to gain in the near-term as the construction window expands and thermal power companies may benefit from higher merchant tariffs due to power deficits.

Operation Twist extension won't aid US economy: BofA ML

All eyes are on the outcome of the FOMC meeting later tonight as Chairman Ben Bernanke is expected to expand Operation Twist to boost growth and buy protection against a deeper crisis in Europe. The Fed is also likely to keep rates unchanged.

CLSA asks investors to remain fundamentally cautious

Chris Wood of CLSA said he would advise investors to remain fundamentally cautious. Any decent equity rally is going to be correlated with a sell-off in the bond market.