Tech-related names, particularly those in the AI space, have been some of the more eye-catching outperformers this year.
have seen many investors and big-name banks turn bullish on the country, but portfolio manager Kamil Dimmich says he's steering clear because India looks very expensive right now, even considering the fact that it has traditionally been priced higher than other emerging markets.
The prognosis seems more dire, with JPMorgan Chase chief executive Jamie Dimon and Minneapolis Federal Reserve President Neel Kashkari adding to the bearish undertones Tuesday. Despite the Fed's official guidance, they are suggesting that more interest rate hikes may be lurking.
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