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● Neutral for Indian equities
US housing crunch puts private equity in midterm campaign crosshairs
The brief
- Institutional investors are being blamed for soaring US housing costs ahead of midterm elections
- Trump says US will win Iran war soon; does not rule out strikes before midterms
- Trump to bomb Iran once November midterms end
- Trump rejects Iran’s seven-day ceasefire proposal; renewed bombing reportedly possible
- Senate narrowly votes down resolution calling for end to Iran war