Yearly Archives: 2014

Rotation returns

Fear returns exactly when nobody expects. Bad IIP numbers, widening deficits and a weaker rupee are seen as provocative symptoms. Doom saying can’t get more absurd than this. Falling oil prices and new multi year lows in crude is the greatest news for the Indian economy. Falling inflation is another…

Think Big

Investing is the intersection of economics and psychology. –Seth Klarman The complete absence of fear is the perfect setting for the advent of fear. When markets believe it is going one way up, volatility tends to dip. The lack of two way fluctuations make the markets appear infallible. This is…

Stay invested.

Are macroeconomic trends and stock markets really connected? Many people think not. The stock market deceives many with the impression that it is not really connected to the real economy. One can’t be more wrong believing that the markets don’t work on economic logic. Markets are closely tuned to economic…