There Is No Alternative

May 9, 2016

2:01 pm

There Is No Alternative On April 11th, we were optimistic about green shoots that were becoming visible in the domestic economy. The Nifty was at 7500. On April 18th, with the Nifty 50 at 7847, we stated “prudence dictates chasing the market after a 1,000 point rally is an unwise choice.” On April 25th, we…

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Achtung?

May 1, 2016

2:00 pm

Achtung? Achtung was a memorable refrain for all Commando comic book readers, and is German for alert or warning. While the media obsessed about the soaring Yen, it’s the economic data out of the U.S. that merits an alert or warning. The chart below should concern any investor, and particularly emerging markets investors. The US…

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Prudence In The Short Term

Apr 22, 2016

1:57 pm

Equities We laid out a clear and optimistic green shoots story for Indian equities in our maiden Sanctum Investment Strategy Call earlier this week At the time the Nifty was at 7550. The market obviously saw the same things we saw and we have seen the Nifty zoom higher by 4.0% in a holiday shortened…

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Positive Developments In The Domestic Economy

Apr 11, 2016

1:14 pm

Equity Positive Developments in the Domestic Economy Over the past few weeks, we have been noting a number of positive economic developments in the domestic economy. In particular, we see upticks in leading and coincident indicators in the transportation sector. This is of particular importance as transports are a leading indicator of economic activity. Valuation…

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