Deepak Shenoy - Latest News and Information
What we know, what we don't know and what we are doing about the Iran War: @CalmInvestor writes at @CapitalmindMF letter on a way to look at the crisis that gives you a structured view of how to act. (read the thread) https://t.co/oM7gpQ1tWf
Why is the US so hell bent on not enforcing voter id? Seems so backward to not require proof of citizenship for voting
Gold and Silver are down in what is a very interesting move in how the war is changing markets. In Gold, UAE is one of the largest importers (#1 in 2024, $105bn) and exporters (#2 in 2024, $78bn) of gold...
Crude has been a rough player in the past too, in India. Our average crude basket, yearly, looks like this : https://t.co/vC7nJ09nnd
Loved to discuss multi asset funds with @Shiprasorout on the concept, what they are intended for and how they differentiate themselves:
Recovery day of a sort. Markets up 1%+, Rupee down to 91.87 from 91.22, Crude down to $91 from the crazy 119 levels yesterday and so on. Incredible volatility here. Should expect more, just a sign of the times.
Blood is on the streets. Sadly, even literally. Portfolios will bleed too, and this time it's a man made disaster. We've seen these before, and we've emerged eventually out of them better, but man made disasters tend to take a little...
FPIs bought 22,000 cr in equity in Feb. (And uhem, they sold 17K cr. on Monday + Wednesday) https://t.co/bmXFAXJ1aZ
Usdinr crossed 92, a very quick move from the 90s. This plus crude will hit inflation in 6.months if it isn't controlled
Markets aren't too bad this far. Just 1% down on an event like this almost seems like a positive :)
The Nifty does a -0.6% in Feb, maintaining the tradition of bad Jan+Feb in four of the last five years. https://t.co/V0aQo9OYRS
FPIs have finally started some buying, it looks like - in equity, they've added about 14,000 cr. in Feb this far: https://t.co/6Ag6kWbKnh
