Over the last several months the fear of deflation has again picked up and has resulted in the yields on German Bunds falling to all time lows and yield just around 2% for a 10 year paper. Similarly despite the Fiscal deficits in the US and the huge borrowings by the US Government the 10 […]
Read MoreThe month of July was a difficult month for the markets where there were wild swings in individual stocks driven by the reported results for the quarter ended June 2010. While individual performances varied a log the indices remained more or less stagnant with a 1% move for the benchmark indices. Companies that reported strong […]
Read MoreTill some time back one had to monitor the movement of the US Government Bonds to find out the risk aversion in the system. However I believe that the German Bunds are a better indicator of the risk aversion or risk taking the markets as today among the developed world the German economy is the […]
Read MoreOver the last couple of weeks we have seen concerns from the Eurozone reduce and the news flow from that part of the world has become less and less negative. Most the countries in the Eurozone that have had issues related to their ability to borrow and replace their earlier borrowings have been able to […]
Read MoreAs expected the markets have held on well and have continued to climb the wall of worry as is the case in bull markets. Most investors are still unconvinced and the biggest concern is valuations although everyone is confident of the growth trajectory of India. The IMF over the weekend upped the forecast growth for […]
Read MoreI find the hypothesis difficult to digest that all markets will remain coupled for all times to come. I have always maintained that decoupling plays out over a longer time frame and in the short run due to the linkages of the financial markets the movement of asset classes across countries tend to be linked […]
Read MoreWriting after a long time now mainly because I was unwell for some time and then went out for a holiday to Hong Kong and China. I think markets behaved just fine when I was out and helped me have a stress free holiday. As I had written in an article around a month back […]
Read MoreThe recent episodes of wage inflation in China are very interesting in the perspective of the fact that China is today the factory of the world and the control of inflation in most parts of the Western world over the last decade or more has been fuelled by cheap outsourcing out of China and the […]
Read MoreThe talk of an increase in retail fuel prices has gained ground over the last few days and todays EGOM meeting is likely to affect the changes. Although the increase in fuel prices is taken as a reformist measure I believe that the increase in fuel prices at this point of time is a bad […]
Read MoreOver the last few days this has been the question which I have been asked the most and a vast majority of market participants seem to believe that there is no trigger for the markets to move up from where they are today. I believe that the triggers for a market upmove are far greater […]
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