Yearly Archives: 2017

The S-Factor

Markets have a habit of surprising investors. The surprise tends to vary in intensity and impact. How markets react to surprises, determines the extent. When the intensity is strong, the impact is likely to be high. Markets always tend to be unprepared for surprises. This is ironic considering that markets…

Back on Track

GST’s travails went through another interesting week of twists and turns. The acceptance of a new, modern tax system by its stakeholders is innate to its success. If people reject a system, and choose to operate outside it, as has been the habit, it would not meet its objectives. The…

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