Apr 7, 2020
• The markets will have to absorb poor economic data as unemployment rises sharply and activity collapses • The depth of the economic slump dependent on people retaining their jobs and SMEs staying in business • Selective bond exposure the first port of call for new investment • Emerging Markets face big risks as the…
Read MoreApr 6, 2020
Nobel Laureate Esther Duflo a couple of days ago said that uncertainties are giving rise to uncertainties. That statement best sums up the economic environment we are in currently. Is Covid19 one quarter or a one year problem? Will we have an extended lockdown or is the end in sight? Or is a shut-start-shut the…
Read MoreMar 30, 2020
• Despite last week’s rally in the equity market we see risks substantially to the downside • Remember that COVID-19 has only laid bare the problems of the global economy • We see no quick and easy way out of the challenges facing the markets • Listen to the medical specialists – the virus will…
Read MoreMar 27, 2020
RBI Unveils Many Arms from Its Arsenal ‘Whatever it takes’ was given a whole new meaning today by the Reserve Bank of India (RBI). It fired from every barrel to support the economy in its fight against slowdown triggered by the Covid19 pandemic. Interest Rates: The repo rate was slashed by 75 bps to 4.40%…
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