Apr 5, 2017 2:54 pm
A Reversal of Fortunes The reversible is ironic. In past years, FIs have been attributed as the smart money that bought the bottom while retail, the dumb money that capitulated at the worst times. Recent experience suggests otherwise. FIs exited the market en masse in the great rotation of year end 2016, elated by a…
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Mar 21, 2017 5:01 am
Summary Valuation & Growth Nifty & CNX 500 Earnings Trends Sectoral Analysis Global Trump Promises Falling Like Dominoes Valuations and Global Recovery The Ides of March notwithstanding, nor earnings, nor the Fed and elections, equity markets have surged to new highs. Back in late November, we wrote that equities were at historically low valuations on…
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Mar 6, 2017 1:43 pm
Summary Economy Inflation is Rising Worldwide Key Areas Still Ailing in the Domestic Economy Outlook Moving to Neutral Bias on G-sec Rates Outlook unchanged on Equities If you aren’t confused, you aren’t doing it right – Howard Marks, Oaktree Capital Management Teenagers & Seniors Howard Marks from Oaktree Capital recently visited India and called the…
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Feb 20, 2017 2:07 pm
Summary Earnings Update Nifty & CNX 500 Earnings Trends Sectoral Analysis Outlook Moving to shorter duration on Fixed Income Outlook unchanged on Equities The Illusory Truth Effect Consider these statements. We only use 10 percent of our brains. Eating carrots improves eyesight. Vitamin C cures the common cold. Crime in the United States is at…
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