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Has the Penny Dropped?

Feb 9, 2022

7:34 am

• Watch out for US inflation data this coming week it could be ugly. • US labour market data was strong but full of unprecedented revisions. • The 5.7% annualised increase in US hourly wages adds to the inflation risks. • US 10-year yields look set to push through 2.0% • US small caps look…

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Central Bankers – Tigers Still with no Teeth

Feb 4, 2022

12:24 am

• The Fed appears to be on the path of “nimble” policymaking, hoping to get a grip on inflation soon. • While inflation was of global central banks’ making, they now realise that they bit off more than they can chew. • The probability of at least five rate hikes by the Fed this year…

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Low decibel, high action

Feb 2, 2022

7:10 am

A budget that did not have many surprises yet has teeth to push India’s growth story. The central themes are (a) push to infrastructure and manufacturing and (b) keep development apace in sunrise sectors. Since the covid outbreak, the finance ministry has been taking a series of steps to ease pain and aid recovery with…

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Is It Really That Bad?

Jan 27, 2022

12:24 am

• US equity market sell-off shouldn’t be taken a marker for all equity markets • US equities, particularly tech was very fully valued • Netflix share price drop fully justified • Asia, in particular, could do well if the re-opening trade takes hold as countries follow the UK’s lead of no masks and no social…

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