When Jerome Powell delivered his much awaited speech at the Jackson Hole symposium, the hawkishness was along expected lines but the extent of hawkishness was not. Powell was quite clear in his speech that the Fed would not relent in its fight agains

When the month of August 2022 started, there were strong apprehensions if the FPI flows of July would sustain in August. In fact, it has not just sustained in August but it has grown manifold. The scepticism was not hard to fathom. Between October 20

In any macro level policy analysis, there are two factors that matter. The first is inflation and the US inflation is something most traders are tracking. Equally important is the US quarterly GDP growth, which is normally given less weightage, but h

While the 3 day Jackson Hole symposium will start on 25th August and conclude on 27th August, the big item on the agenda will be the speech by Jerome Powell. His speech is slated to be delivered on the last day of the 3-day gathering. Jackson Hole is

The global energy market is in a state of flux. Europe is gradually getting engulfed in one of its worst energy crisis in recent times. In addition, Saudi Arabia has cautioned that the OPEC may cut supplies in its latest meeting to align the demand a

After a gap of almost 15 months, the RBI finally lifted the ban on American Express on the issue of fresh cards and onboarding of fresh customers. Amex has been under a ban since May 2021 for violation of data storage norms laid out by the government

The 2-day Fed meeting concluded on 27th July and the minutes were published after 21 days on 17th of August. It may be recollected that the Fed has already hiked the Fed rates by 225 basis points in the last 4 meetings since March. Out of this 225 bp

Just a day before the consumer inflation data was announced by the US Bureau of Labour Statistics, the lead indicators had already indicated a tapering of the headline inflation. However, the eventual inflation for July 2022 at 8.5% was lower, but no

Some call Warren Buffett of Berkshire Hathaway the last bull on oil but that is a trend that cannot be missed. For the first time in recent memory, Buffett has more than $45 billion invested in oil stocks, predominantly in Chevron and Occidental Petr

The good news is that the foreign portfolio investors have turned net buyers in equities since July 2022. FPI had sold close to $35 billion of equities between October 2021 and June 2022. However, in the month of July, the FPIs net infused $634 milli

Today, most people know of Microsoft and Apple as competitors and also as two of the most valuable companies in the world. Between them, Microsoft and Apple command a combined market capitalization of almost $5 trillion. Incidentally, that is about 6

It is not often that you expect Warren Buffett to go so wrong on his stock positions. But then, June 2022 was no ordinary quarter for the US markets. The Dow and the S&P gave up nearly 20% from the peak levels while the NASDAQ had given up more t