When Growth Slows
The RBI has corrected its estimate of India’s GDP for the current financial year downward. The inflation forecast has been revised upward. […]
Beyond the Predictable
Every year, when you look back to see what performed, the most striking feature of the market is its unpredictability. The markets […]
What is Value?
Investors who are closely adhering to the principles of value will always seek where they can find value. This search for value […]
Beyond the Relief Rally
The markets are expressing relief after the Chinese central bank and the Federal reserve indicated their approach. The fact that there could […]
Making Allocations Count
The choices investors make are mostly voluntary. Investors always take easy choices and pick options that look better from a recency point […]
Falling Out of Favour
In every market context, you will always see some themes fall out of favour. This usually happens after a wave of euphoria. […]
Test of Temperament
The panic around Russia’s war on Ukraine was swift and sharp. But, the panic also appears to be short-lived. The markets seemed […]
Are We Going To War?
The prospect of a war is new to millennial investors. The last century had multiple wars that shook stock markets. These wars […]
The Reset Returns
US Monthly inflation at 7.5%; Crude at $95; Soaring food prices; Gold at $1860; and US 30YR yield at 2.2% – The […]
Budget Reset – February 2022
The budget clearly signalled an infrastructure thrust. The Government will lead from the front. What matters is that private investments should follow, […]
Bridging the Trust Deficit
It’s budget time again, and investors have the twin worry of domestic and global sentiment to factor in next week. The Government […]
Investing & Inflation
Investment styles and inflation are correlated. When inflation stays low for a long period of time, the themes that benefit from them […]