The rupee and its gyrations have impacted the performance of the economy as well as financial markets significantly over the last several years. Though we might make a case for ignoring the impact on INR movements on the Financial Markets its impact on the real economy cannot be ignored. Under the circumstances, for an economy […]
Read MoreOver the last six months the talk of FED Tapering has created huge volatility in global financial markets; equities, bonds and currencies. The first part of the Tapering talk was clearly an attempt by the US FED to take the bond markets out of euphoric states where it clearly saw that US 10 year bond […]
Read MoreWe have seen a continuous loss of Equity Assets from Mutual Funds since the year 2008. Equity Assets peaked out at a level of around Rs 2,50,000 Crores in Indian Mutual Funds in January 2008. At that time they comprised almost 45% of the total assets of MF’s. The spiral of outflows that started that […]
Read MoreAfter going through the Financial Planning of a large number of people which have been done by various Financial Planners and also having read and watched programmes on the same in Business Papers as well as the Electronic Media I have come across some apparent pitfalls that should be taken into account by investors. The […]
Read MoreNormally I would not write a pure technical article. However as per the analysis techniques that I follow it now seems that Gold and Silver are on the verge of a significant decline. On a fundamental basis also I have been very negative on gold and I do believe that we will see much lower […]
Read MoreThere is a great amount of fascination around the levels of the Sensex and the Nifty. Markets are today near their highs of the year 2008 and the general belief is that the markets are expensive, have moved up too sharply and should correct going forward. Around two months back we saw a series of […]
Read MoreThe US Dollar, being the reserve country of the world has enjoyed a benefit which no other country with a huge current account deficit has enjoyed. Over the last 15 years the Fiscal Position of the US has also deteriorated with the Fiscal Surpluses of the late 1990’s now being converted into a huge deficit. […]
Read MoreThe question of why despite easing of policy rates by the RBI, cut in CRR combined with the OMO operations did not lead to a reduction in the interest rates in the economy in terms of translation into lending rate cuts can largely be traced to the high Current Account Deficit. Over the last two […]
Read MoreAs I sit to write this article we are just about six months from the general elections. Elections will be announced by the Election Commission in early March of 2014 and we will have elections running from around the first week of April to the first week of May. As such the effective working life […]
Read MoreThe month of September started off peacefully and then the markets took a turn for the better post the takeover of the RBI’s helm by Raghuram Rajan and subsequently the postponement of Tapering by the US Federal Reserve. At the time of the FED euphoria I had warned that the euphoria seems to be a […]
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