At a time when volatility-hit street is hinting at jettisoning equities in favour of fixed income, JP Morgan believes equities will beat all other asset classes in 3-5 years.
Sajjid Chinoy feels with these steps one can rule out the possibility of a cash reserve ratio (CRR) cut on July 30 monetary policy.
Sajjid Chinoy, economist, JPMorgan believes the RBI has very limited scope to ease rates in the days to come too as the Indian economy is faced by a plethora of macro-economic concerns.