Trikaal Macros is a weekly newsletter on economy and markets, focusing on long-term market drivers and its future outlook. In the short run, a whole lot of factors can drive markets up or down, but in the long run, it is either the government policies, structural factors, or technological innovations, that will drive the economy and markets. Certain government policies impact may last for decades like India’s LPG of 1990s (liberalization, privatization, globalization).
Within the broad economy, there are always certain sectors that outperform others. And in most of such cases, they are driven by technological innovations. So, understanding these tech developments are crucial to identify the top sectors for long-term investing. This newsletter aims to do that.
Mutual funds is a huge industry and though regulated strongly by SEBI, there are many in-built structural faults in a mutual fund that makes it a highly inefficient investment vehicle. Though it is a good choice if you neither understand the markets nor you have any time. In mutual funds the fund manager is working […]
Wealth Management Options – And the Undisclosed Dangers of Mutual Funds Read More »
If you want to look beyond the trade wars, fed rate hike, RBI rate cut, budget, and even 2019 elections, then every serious long term investor must go through the video presentation posted below.
Why Invest Now – India on Cusp of Explosive Growth Read More »
Several experts are saying that 2019 will be bad for investors citing trade war, Fed rate hikes, global slowdown and domestic rising deficit and political uncertainty. We had recommended exit from equities in August 2018 when Nifty was 11430, and now we recommend to start investing in equities again. The change in view is due
Mutual Funds v/s Stocks Portfolio #MutualFundsSahiNahiHai. By design, mutual funds have inbuilt limitations which ensure that they will never be able to protect investors’ capital in a recession. Read this article to find the glaring inbuilt faults in mutual funds and save yourself from the hype created by mutual funds industry. This article is the
Equity mutual funds have failed in every major fall to protect investors’ capital Some Common Myths (About equity mutual funds) Myth: MF can save you from downfalls Fact: Not a single equity scheme was safe in 2008, all fell almost as much as the markets Myth: Investing in different MFs reduces risk Fact: There
Mutual Funds – Proven Failure Record in Every Fall Read More »
It is a perfect case of tailwinds turning into headwinds. We alerted on 15th May, 2018 to exit from equities when Nifty was exactly trading at 10900 (click here to see the alert). Nifty is now at a PE multiple of 26.5 which is at a very high historical level from which it has always
Indian Economy Faces Daunting Risks – Equity Investors are in for a Crude Shock Read More »
Weakest Performance of last four years : The Indian economy expanded at its weakest since 2014 first quarter. It grew at just 5.7 percent year-on-year in the second quarter of 2017, below 6.1 percent in the previous period. In this article we will look at the current health of economy, which parts of GDP are
A rate hike by Fed will lead to capital outflows and spillover effect of rising rates globally. Prolonged easy liquidity in US and Europe has created massive buildup of debt in emerging markets and they will now see the end of the boom and beginning of a debt crisis. According to the Swiss-based Bank of
Impact of Fed Rate Hike (Part II): Debt Crisis in Emerging Markets Read More »
