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Investment Strategy

Sep 18, 2023

10:56 am

• Global equity momentum moderated in August amid weak economic data. • US economy is showing resilience, but conflicting data continues to emerge. • Eurozone is at a greater risk of recession as it faces stagflation. • Indian fundamentals strong; risk likely to emanate from global factors. • We look at add equities on dips;…

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Still robust growth and more inflation

Sep 12, 2023

5:41 am

• Major development at G20, not to be underestimated – India-Middle East- Europe Economic Corridor • More evidence of robust growth and inflation in US • Oil prices remain on a tear • China’s political challenges from within *Breaking News – India- Middle East – Europe Economic Corridor* Do not underestimate one of the key…

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Macro and Markets Monthly – August 2023

Sep 8, 2023

4:09 am

The global economy has become one of marked contrasts between the robustness of US growth and the struggles of Europe, particularly China. Robust economic data out of the US in the early phase of the month led to economists upgrading their GDP forecasts. Indeed, the Nowcast data from the Atlanta Fed had the US growing…

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Positively Negative

Sep 5, 2023

1:38 pm

• Both equities and bonds delivered negative returns in August in a positively corelated way • Ongoing gap between Fed’s signalling on rates and the market’s forecast • Market prices no further rate hikes and five Fed funds rate cuts by the end of 2024 • China sees a modicum of better news after foreign…

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