Five years ago, the economy was in trouble. We decided that the best way for the economy was for us to buy all this mortgage stuff that other people didn’t ...
Originally written for Yahoo. An innocuous-looking notification from the Forward Markets Commission (FMC) came in on July 12, 2013. And in the offices of the ...
Near Record Number of 4% Weekly Moves in the Nifty; 2013 Brings Volatility Back Oh, Volatility is here. I had written in April that we were seeing unusually ...
Oh, Volatility is here. I had written in April that we were seeing unusually low volatility for what should be a much more squiggly index, with zero 2% days in ...
Banks and Primary Dealers that have been underwriting government bond auctions have been getting great commissions recently. They have now earned over Rs. 440 ...
When you adjust for inflation gains look terribly low. Inflation is how much your money’s purchasing power reduces. So you have to adjust for that, so ...
Why are people cursing Rajan for raising rates? Credit growth is back to 18%+ as of September 6, and credit growth of that rate means one of two things: Banks ...
Dr. Raghuram Rajan has raised the repo rate (overnight borrowing rate for banks) by 25 basis points (0.25%) to 7.5%. Banks which were required to keep ...
Short Answer: Only Rajan Knows. Long Answer: Only Rajan Knows, and it’s useless to predict it. The pieces of data that Rajan will use are what we’ve seen ...
We’ve just had a +3.7% day, and this brings us fairly close to the all time high. And if you look at various sectors, banks shine as outperformers. Banks did ...