Blog about Financial Education, Advisory & Planning
I think we are going towards a new normal post COVID. Already damaged by the financial crash and the US- China trade war, the pandemic has dealt globalization another body-blow. When the world was hit by economic recession in 2008, global trade dipped by almost 10% in 2009 while there was a 3% decline in …
Is COVID-19 changing the dynamics of globalization? Read More »
All eyes will currently be on the outcome of the election results on 23rd May 2019. Markets have been volatile for the last month as 7 phase polling continues. Last month NIFTY touched an all-time high of 11,856 while SENSEX touched a high of 39,487. Historically it has been seen that election outcome turns out …
All eyes on election results- Who will cross the magic figure? Read More »
One of the main reasons to own gold right now is the rising risk of a potential meltdown in global equities that is likely to underperform over the next year in a global economic downturn led by an imploding China. China is projected to announce a gross domestic product expansion target for 2019 of between …
Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …
Indian equity markets remained subdued over the last month with the broader markets gradually declining as USD-INR hit new highs and crude prices inched up. Rupee depreciated to Rs.72.50/$ for the first time on 10th September 2018. With the NIFTY/SENSEX move being driven by top 10 stocks, there has been a large gap created with …
As the US nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10% tariffs on $200 bn of Chinese-made products, ranging from clothing to television parts to refrigerators by 30th August. The levies together with some $50 bn already in the works stand to raise import prices on …
Of late there has been tension brewing between the USA & China as they have been imposing tariffs & counter tariffs on imports from one another. But the real question is whether this trade war between the two countries will continue or will die a natural death. The background… The US trade deficit with China was $375 bn in 2017. The trade deficit exists …