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A Year On

Apr 6, 2021

5:34 am

More than a year ago on 23rd March 2020, the government of India announced its first nationwide lockdown of 21 days. The same day stock market hit the bottom. Since then, Indian equities (represented by Nifty Index) have rallied 70.9% as of 31st March 2021. Like every other market correction, this correction also taught us…

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Bonds Hold their Breath

Apr 5, 2021

9:13 am

• More good news in the US economy – job gains a blow out in March • Growth surge risks more inflation risk; supply lines under pressure • Biden keeps adding to his spending plans – bond markets are worried • Developed market equities had a good quarter, but Emerging markets struggled • Fixed income…

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Better Growth Offsets Inflation Angst

Mar 30, 2021

7:10 am

• US bond yields still heading higher, but the slower pace could settle nerves • Inflation expectations priced into bond markets now at realistic levels • European economic recovery finally seems ready for take-off good news for equities • Emerging Market underperformance to moderate as investor inflows resume Bond tantrum fading, yields still rising. The…

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Powell Signals “Green for Go”

Mar 23, 2021

12:03 am

• The Fed sees growth but no lasting inflation • The market is pricing a return to pre-GFC inflation of 2.25% • Bond yields are set to rise and pose a quandary for investors facing low yields and high rate risk • Old-fashioned dividend stocks offer a way out • They offer higher income, growth…

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