MARKET PERSPECTIVE
By J Mulraj
Apr 1 - 7, 2023
Bad decisions have created this crisis
The Bretton Woods Conference, after WW II, gave the US $ the status of a globally accepted currency. This was underpinned by a pledge by USA to...
MARKET PERSPECTIVE
By J Mulraj
March 18-24, 2023
The mess created by Joe Biden in US foreign policy
After the end of WW II, USA, whose finances were intact, initiated two plans, GARIOA (Government Aid and Relied in Occupied Areas and The Economic...
MARKET PERSPECTIVE
By J Mulraj
March 11-17, 2023
Jerome Powell’s dilemma to raise or not to raise, interest rates
In Greek mythology, Odysseus had to pass in narrow waters between two monsters named Scylla and Charybdis. The phrase, ‘between Scylla and Charybdis’ symbolizes the...
INVESTMENT PERSPECTIVES
By J Mulraj
Mar 4-10, 2023
The perils of shareholder capitalism
The GINI coefficient is a way to determine how equal a society is, in terms of income distribution. The higher a country’s rating on the GINI index, the more unequally...
INVESTMENT PERSPECTIVES
By J Mulraj
Feb 25 - Mar 3, 2023
America’s Coming Woes
After WWII the US, as the economically strong power (European economies were devastated by the war), obtained enormous privileges, including having its currency nominated as the world’s global currency....
INVESTMENT PERSPECTIVE
By J Mulraj
Feb 18-24, 2023
The World is Dangerously Poised
The US has hit the national debt ceiling imposed by its Congress, and needs its permission to raise it. A failure to raise the debt ceiling will result in a...
INVESTMENT PERSPECTIVE
By J Mulraj
Feb 11- 18, 2023
Are Capital Markets, Trade and Investment Flows, Oil Markets Truly Free?
Do we really have free markets? Janis Joplin summed it up rather well in the song ‘Me and Bobby McGee’, saying ‘freedom is...
INVESTMENT PERSPECTIVE
By J Mulraj
Feb 4-10, 2023
Lessons to be learnt from the brouhaha
Since the publication of a report by US short seller, Hindenberg, there’s been a brouhaha (no laughing matter) over Adani company share prices These stocks have collapsed, causing...
INVESTMENT PERSPECTIVE
By J Mulraj
Jan 30 - Feb 3, 2023
Until the Adani Stocks Tanked!
The Union Budget presented last week was, as budgets should be, devoid of surprises. Budgets are the announcements of the fiscal paths taken by Governments, based on...
INVESTMENT PERSPECTIVE
By J Mulraj
Jan 23-29, 2023
The US Debt Ceiling and the Growing Threat of De-dollarisation
Last week US Treasury Secretary, Janet Yellen, bumped her head against the Congressionally approved debt ceiling. Congress would need to raise it, for USA to...
