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What a Relief

Nov 9, 2020

7:31 am

• The US Presidential election saga seems to be drawing to a close. • The Fed is back in play with monetary policy likely to take up the slack from tame fiscal easing. • A lighter shade of green policies and less of a tax burden on the corporate sector than previously envisaged are the…

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The Road To Recovery

Nov 3, 2020

12:25 pm

The much-needed festive cheer, in this difficult year, is upon us and India bent the Covid19 curve, as well as corporate India is delivering better than expected earnings for the past quarter. However, parts of the world continue to grapple with the pandemic and its consequences. Europe’s second wave figures far exceed the first wave…

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The Unreality of Uncertainty

Nov 2, 2020

10:04 am

• A range of possible outcomes of US elections has the markets on edge • A Biden win with a Democrat Senate still the most likely outcome – but there is no certainty • A Trump win is an improbable but possible outcome • Europe back into lockdowns – waiting for policy makers to respond…

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Is it the Blue Wave or the Next Big Short?

Oct 26, 2020

9:13 am

• US long-dated bond yields rise • Hopes for a blue wave – Biden presidency and Democrats taking the Senate • However hopes for a large fiscal package may not warrant a prolonged rise in rates • The oil sector is a stand out underperformer that may have hopes of better times • Market starts…

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