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Stocks
DLF Results and Technicals
DLF threw out impressive results. EPS moved up from 0.94 in the fourth quarter to Rs. 2.51, a fairly large gain. The folks at LiveMint aren’t impressed ...
General
ABAN’s Pearl Sinks, Stock Down 16%
Aban Offshore announced that Aban Pearl, a semi submersible ship owned by a subsidiary, sank in offshore Venezuela early yesterday. Let’s look at some ...
Economy
Inflation at 16%, Falling Bond Yields
The wholesale price index is on fire yet again. The latest data – for May 1 – shows primary articles at 16.76% inflation, with the index widening 2.5% from ...
Commentary
Beijing Property Prices Down 30%
Alert Reader MK says: Deepak, How about a writeup on Beijing Commercial Property prices which have collapsed 30% in the last one month. So I do the Google and ...
Opinion
At Yahoo: The Problem With Greece
My second piece, “The Problem With Greece” is up at Yahoo. Greece takes center stage again in the markets as investors worldwide get spooked by the ...
General
Jon Stewart on the Perfect Storm in Wall Street
The Daily Show With Jon Stewart Mon – Thurs 11p / 10c A Nightmare on Wall Street www.thedailyshow.com Daily Show Full Episodes Political Humor Tea Party ...
General
Europe’s Debt Bomb
A fantastic graphic by Nelson SD. Schwartz at the New York Times: If the PIIGS default, their inter-dependent obligations between the PIIGS countries total 369 ...
General
The Great Attempt At Revaluation
The EU today decided they would put up nearly $1 trillion to prop up the debt markets. The EU governments, the ECB and the IMF will buy government and private ...
Commentary
Greece in Turmoil
And it’s not about the debt, it’s about the bailout. After huge tax raises, and massive cuts in spending, Greek protestors have taken over the streets, ...
General