The global capital markets have been feeling the effect for several months and now the cause is at hand. The Federal Reserve is set to decide whether to continue at the same pace the purchases of...
David Stockman, Budget Director under President Reagan and then a partner at private-equity firm Blackstone Group, has graciously permitted me to post excerpts from his bestseller, The great deformation : the corruption of capitalism in america....
Can you imagine Julia Roberts and Gwyneth Paltrow helping the US government sell bonds or Jay Z and Justin Timberlake composing songs about Treasury bills? It would not be the first time Hollywood stars or...
Sell in May and go away? What about “risk off?” And ever more QE? Today’s letter is a quick note and a reprise of a popular letter from yesteryear (with a bit of new slant),...
Mumbai : Marching ahead with its stellar performance Gold climbed to new highs of 31400 per 10 GRMS today. Weakness in rupee also helped it to hit new high in rupee terms. Traders said gold...