China Is Changing

From hard old-economy to soft new-economy!   As the world worries about falling demand from China due to slowing GDP growth and commodity demand slackening, there is a silent shift that is happening in the Chinese economy. An economy that still has 50% of the world’s steel capacity is undergoing a transformation from a hard…

Equity Strategy

Should you sell or buy specific stocks?   As the results for the fourth quarter start pouring in, there are a few key pointers that are emerging. Firstly, there seems to be a pick-up in volumes in key industries like automobiles, cement and telecom. That is a good sign, although it also needs to translate…

Fed Versus BOJ

A tale of two central banks…   It was a week in which both the key global central banks viz. the US Federal Reserve and the Bank of Japan maintained status quo on the monetary front. The global markets reacted to the Fed status quo in a fairly lukewarm manner while it reacted negatively to…