Macro Economics

Dear Prime Minister, give us a message of hope, courage and equanimity

Will the lockdown in India end on 17 May or will we as a country go deeper into “economic hara-kiri” ? (Anand Mahindra)

The first lockdown was perhaps right. In the fog of war, you have to act decisively till you figure out a course of action. However, post mid-April, we seem to acting more out of fear, than with “systems thinking”.

Trump, black money and implications for stock prices

Smart money threatened a 10-15% single-day drop in the US Market if Trump was elected and a one day 100 USD/oz. upward movement in the price of Gold.   Well, Trump is king, the US markets have rallied and Gold has declined.

The British Referendum: is it time to load the elephant gun?

This morning, while listening to the Brexit results, I chanced upon a conversation on a business channel.  The same anchor who a few months ago said it was futile to forecast, was waxing eloquent about how Brexit could be worse than the Lehman crisis and how it could affect Indian equity markets for years.

Will the Fed raise rates and the implications for Indian Markets?

Heavyweights have contrary opinions on what the Fed should do – IMF and World Bank (against) vs the BIS (for); so clearly the decision is not an easy one.