Remember June 2012? India was gripped by financial crisis. The despair in India was palpable. The Indian growth story was officially over. To use S&P’s metaphor, the angel’s wings were clipped. Read the introduction to our article in Knowledge@Wharton on June 22, 2012: “Standard & Poor’s warns that India could become the first “fallen angel” among…
We have all seen the pictures. Men of ISIS who behead American journalists while speaking in British and American accents. These are British & American converts who moved to Syria-Iraq to fight for ISIS. We don’t know what drives them to so intensely hate the culture & civilization they were born in. Was it their inability to succeed in their native…
Summary – A top-down review of interesting calls and comments made last week in Treasuries, monetary policy, economics, stocks, bonds & commodities. TACs is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips…
The visit of Prime Minister Modi to America was spectacularly successful. His welcome by the Obama Administration and the American Foreign policy establishment was genuinely gracious & festive. We cannot recall another visit that created so much excitement and that was so well received by the Indian-American community. But there was a discordant note among the…
Summary – A top-down review of interesting calls and comments made last week about the flash crash in Treasuries, monetary policy, economics, stocks, bonds & commodities. TACs is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting…
Something momentous happened this week. The U.S. Federal Reserve changed its optimistic tone and expressed concern about the slowdown in Europe & the explosive rise in the U.S. Dollar. Big deal, most would say. After all, every central bank talks about its currency & discusses global conditions, right? Wrong. The U.S. Federal Reserve (Fed) has…
Summary – A top-down review of interesting calls and comments made last week about monetary policy, economics, stocks, bonds & commodities. TACs is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips with…
Two major events took place this past week. The birth anniversary of Mahatma Gandhi on October 2 and an outpouring of affection & admiration in New York for Prime Minister Modi, today’s leader from Gandhi’s home state of Gujarat. Mahatma Gandhi was simply the Greatest Good human of the 20th century, bar none. If there was a…
Summary – A top-down review of interesting calls and comments made last week about monetary policy, economics, stocks, bonds & commodities. TACs is our acronym for Tweets, Articles, & Clips – our basic inputs for this article. Editor’s Note: In this series of articles, we include important or interesting Tweets, Articles, Video Clips with…
Sixty years ago, India was defined as a land of snake-charmers & beggars. Some 20 years later, the American image of an Indian was a medical Doctor. Fast forward to 20 years later and the American image of Indians morphed into that of smart people fluent in Computer Science, Mathematics & Science. This week, the…