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The Shot Heard Around the World

Jan 23, 2017

1:28 pm

“That was no presidential speech; that was a veritable declaration of war.” – Handelsblatt, German Media “Has there ever been a new U.S. administration that began by spreading unease, not expectations, throughout the world?” – Japanese Media “The Trump administration will be igniting many ‘fires’ around the world. Let’s wait and see when it will…

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Investment Strategy

Jan 9, 2017

12:16 pm

Performance Attribution Q4 2016 & CY 2016 The Domestic Investor Steps Up Equity mutual funds saw an inflow of more than Rs. 10,000 crore in December, making it the highest in 18 months, underpinned by investor optimism and regular contributions to savings plans. It may also be an indirect impact of demonetisation, as some of…

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Markets & Uncertainty

Dec 27, 2016

4:54 am

Be greedy when others are fearful, fearful when others are greedy. – Warren Buffett Just when things were looking marginally better on the demonetisation front, the honourable Prime Minister riled investors with his speech over the weekend on taxation for capital markets. We are seeing a panicky opening. The timing of the remarks as well…

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Onus squarely on the bulls

Dec 12, 2016

12:57 pm

We could have had a global economy showing signs of a strong recovery, a surging domestic economy amidst benign inflation and accommodative policy. Trumpian fiscal stimulus would have negated withdrawal of liquidity and rising rates. Instead, we face the prospect of a substantial haircut to company earnings at the start of the new year and…

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