As I wrote in my previous post, I just returned from Greece. There seemed to be no crisis. The people were happy, enjoying, slightly worried perhaps for pensions, but nothing more. When I watch the news, the background building is the Greek Parliament at the Syntagma Square. All the crowd gathers there
Category: Macro Economy
I have been investing in Indian stock markets for the past 22 years. And I guess I am getting exasperated. What with all the behavioural economics, Charlie Mungers, Ben Grahams, Kahnemans of the world. I even do not mind eating crow and accepting that may be I was wrong in terms of Gold as an …
Today the RBI announced its new credit policy. Nothing new. Interest rates were expected to remain the same. And Mr Subba Rao kept status quo. Will it have an impact on stock markets? The markets spooked due to dollar appreciation rather than his announcements and fell by 244 points.