Jan 21, 2019
The penalty in terms of likely opportunity cost is just too great to justify being out of the markets – Howard Marks, Sep ‘18 Equities Typical of bull market action, the market continues to react positively to good data (lower inflation) and continues to shrug off bad news (low IIP). Earnings are off to a…
Read MoreJan 7, 2019
The worst thing I can be is the same as everybody else – Arnold Schwarznegger. Expectations of Further Volatility in Domestic Equities a Low Probability Outcome The global strategist community appears to have settled on a near consensus view of slowing global growth, continued volatility and downside risks into 2019. Arnold’s quote is relevant to…
Read MoreDec 10, 2018
We live in the best era in history to be an investor, but that doesn’t mean it will be easy. It’ll never be easy. Outlook An Election Cloud Descends Over the Markets Heading into 2019 First the good news. The Fed finally appears to be on hold, having hiked the U.S. and global economy into…
Read MoreDec 5, 2018
The Reserve Bank of India today decided to maintain the policy repo rate at 6.5% unanimously. The MPC maintained its stance at “calibrated tightening” on monetary policy and commitment to achieving a medium-term target for CPI of 4% ± 2%, while supporting growth. Key highlights of the RBI’s Monetary Policy Global Macro Weakening Global economic…
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