Investment Strategy

Aug 12, 2025

10:54 am

• U.S. strikes trade deals with some partners but escalates tariff pressure on others. • Weak jobs data signals a slowdown in U.S. private-sector economic activity. • Recent escalation of tariffs tensions with US may keep Indian markets volatile, base case for a negotiation to be reached • India Inc. earnings broadly in line, but…

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Too Good to be True?

Aug 11, 2025

5:34 am

• Global growth data beating expectatations and inflation still to the low side has helped markets • US CPI due this week a test, but in reality too early to tell of likely inflation pass through from tariffs • The nomination of Stephen Mirran to the FOMC a sign of the times • Credit markets…

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Trust Broken

Aug 6, 2025

7:06 am

• President Trump springs bad surprises on tariffs and integrity of US economic data • Effective tariff levels are heading towards the levels announced in April • Global growth is slipping, and central bankers may move cautiously going forward • The US will likely pay for undermining the integrity of its economic data in higher…

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Macro and Markets Review for July 2025

Aug 5, 2025

10:00 am

In July 2025, the aggregate data played to good returns for equities and bonds. the global economic growth landscape exhibited a nuanced blend of resilience and underlying challenges. The ongoing front loading of activity as companies and to some degree consumers scarmbled to avoid the forthcoming impact of tarffs led ot stronger than expected growth….

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