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Commentary

Burry: Why didn’t the Fed see the crisis coming?

A phenomenal Op-Ed by Michael Burry, “I Saw the Crisis Coming. Why Didn’t the Fed?” I have often wondered why nobody in Washington showed any interest in ...
Stocks

SEBI releases Guide To IPOs

On it’s website, SEBI has released an excellent “Guide to understand and Offer Document” and instantly has also made it so difficult to find that one ...
Stocks

BHEL Early Results, 87.6 EPS for the Year

Bhel announced results yesterday, an early primer into what’s going to come as details later: At 36% TTM EPS growth this stock has done fairly well and the ...
Foundations

Are Futures Simply Better?

I’ve been railing about the cash volumes in the market recently. With volumes reaching 12,000 cr. – lesser than most of 2007 – and as I recently tweeted, ...
Fixed Income

Govt. to borrow 287,000 cr. in next 6 months

RBI has put the borrowing calendar of GSecs for April-September 2010. The total borrowing is slated to be 287,000 cr. with 11,000 to 15,000 crores borrowed ...
Fixed Income

RBI introduces STRIPS

Not the kind that involves invasive body searches, or certain dance bars. STRIPS is Separate Trading of Registered Interest and Principal of Securities – ...
Commentary

Links for 29 Mar 2010

It’s one of those days I have too much to read, so… Day Traders 2.0 – Wired, Angry and Loving It (NYT). Indian markets are also full of day traders, and ...
General

Why are we so bearish?

It’s a very early start to the week for me. At 6 AM on Monday, I’m going to groggily wish you all a very good morning. The stock market is just going up. ...
Breaking

ECS Fiasco: Kotak to Blame, ICICI Redeems Itself

Ravikiran Rao writes in response to the ECS post: Just wanted to give a little more detail. The detail will indict Kotak further and probably exonerate ICICI ...
Economy

Credit Growth hits 16%

RBI’s latest data shows Credit Growth at 16.14%.    (Click for larger images) Is this because of the lower base effect in 2009? Not really, since ...