Keynes, FM & Budget …
The world remembers British economist John Maynard Keynes regularly in cycles. In a crisis, no economic discussion is complete without acknowledging him. Keynes argued in the 1930s that governments could…
Budget 2022-23 – What to expect?
As the Union Budget is round the corner, excitement and trepidation are all palpable. Let us break it down - Budget expectations are basically of two types. The first is…
Omicron – Pandemic or Endemic?
As we end this calendar year, the battle against the pandemic seems well set to continue into 2022. According to early reports, Omicron, the latest variant of the COVID-19 virus,…
Is the World on a Rebalance & Reset Mode?
It was an era of excesses. With the US Federal Reserve considering slowing down bond purchases faster than before due to rising and stubborn inflation, it could be a beginning…
Are IPOs headed for a Secular boom?
There are only two things wrong with money: too much or too little. Charles Bukowski, a German-American author whose literary work revolved around the poor in America, said that in…
How to walk the commodity ‘supercycle’ talk
There emanates from superlatives a destructive force. Elias Canetti, a Nobel laureate for literature, probably said that in the context of the second world war. In financial markets, a lot…
Stagflation – A clear and present danger
The dreaded inflation demon continues to raise the head. The consumer price inflation in America is perhaps the most-watched number in the financial markets around the world. It sets the…
MARKETS AT DIZZYING HEIGHTS – WHAT CAN GO WRONG?
The 2008 global financial crisis or GFC was called a Black Swan event. It hit the global financial system like never before. A marquee bank like Lehman Brothers does not…
China’s cup of Woes continues to overflow
Terms like ‘Tsunamis’, ‘pandemics’ and ‘contagions’ have become a regular feature in Asia over the past few decades. According to estimates thrown around, the Chinese real estate developer ‘Evergrande’ owes…
Will China’s Real Estate bubble ever POP? The Evergrande saga!
The main protagonist of this story is Evergrande, a systematically important real estate developer of China. Many of us would not have heard of this company in our part of…