Portfolio Commentary

Nov 23, 2022

9:23 am

Where do we head when the printers stop The month gone by was a rebound time for markets across the globe. All major global indices rallied from the bottom, while the Indian headline indices continued their outperformance and inched closer to their previous highs. A few sectoral indices like Banks, Autos, and FMCG hit new…

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It’s Just Not That Easy

Nov 21, 2022

8:50 am

• Markets pause as the bullish view sobers up • Fed speakers reiterate their intention to keep tightening • Data shows US household debt accumulation as consumers use credit cards to maintain spending power • Asia has the opportunity – and ability – to outperform but meaningful collective policy making is still absent • The…

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Deflating Exaggerated Worry

Nov 15, 2022

10:00 am

• Better-than-expected US inflation data boosts the markets’ mood • Inflation, though, is not beaten and growth is on the wane • Crypto industry challenges show that risks lurk in the financial system • We continue to favour non-US equity markets although we would not rush back into equities at present • As the hopes…

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Investment Strategy

Nov 14, 2022

9:38 am

• Signs of trouble in UK real estate markets even as G-sec markets calmed down. Real estate prices declining even in US and Canada • All asset classes rallied amid less hawkish Fed commentary • Indian markets also rallied, though there was divergence across sectors and market caps • Corporate results in India have been…

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