at the very Core of it all … is Content!
The finance minister announced some sector specific measures that are likely to have far-reaching consequences on the companies within these sectors. Here’s the impact and the best stock picks. Auto: Measures: > Increase in excise duty for SUVs. > Additional purchase of 10,000 buses under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Impact: The …
From his perch in the United Kingdom, Alasdair Macleod(ECONOMIST) provides an update on the ongoing economic crisis in Europe, which — while largely absent from headlines in the US of late — continues to worsen. Due to bloated state-run programs and extreme malinvestment, EU governments find themselves in a box. Economic growth has stalled, and …
With Rajoy quietly gloating at his political fraud being off the front-pages thanks to Italian elections, it seems the more we dig into Italian reality, the weaker the story becomes. The meme of the last few years has been that “at least we’re not as bad as Greece” and rightly so, for as Bloomberg’s Niraj …
The economy The finance minister has already committed that the fiscal deficit for FY13 and FY14 will be 5.3% and 4.8% of GDP, respectively. A lower number will be welcomed by the markets, provided it is credible. For example, with the failure of the spectrum auction, it might be difficult for the finance minister to …
Iron ore, trading near 16-month highs, may slump 54 per cent to the lowest level since 2009 as China boosts production and global supply climbs, said UBS. Rates may tumble to $70 a ton in the three months ending September after trading between $130 and $160 through June, Sydney-based commodity analyst Tom Price said today. …
Five of the $2trillion (£1.3trn) hedge fund industry’s biggest names each took home more than $1bn last year, according to Forbes magazine’s latest Rich List for the industry. Hedge fund veterans such as David Tepper, Carl Icahn, James Simons, Steven Cohen and George Soros topped the list of big earners in 2012, a year when …
GOLD moved lower as expected, but because of a very sharp and aggressive sell-off we reworked the wave count. We are now tracking a three wave A)-B)-C) Elliott wave pattern from 1795 swing with wave C) underway, which appears incomplete as we need five waves down from 1696. As such, Elliott traders must be aware …
“I’m sitting on cash,” Felix Zulauf said when he was asked in an interview where he was putting his money. With decades of asset management experience under his belt, he’d founded Zulauf Asset Management in Switzerland in 1990. But now he was worried—and has turned negative on just about everything. In Europe, growth would be …
1. Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil. 2. Average people think selfishness is a vice. Rich people think selfishness is a virtue. 3. Average people have a lottery mentality. Rich people have an action mentality. 4. Average people think the road …