Macro ideas – The Property Chronicle
Select your region of interest:

Strategy ideas and macro risks in the Indian stock market The emerging markets convulsions in May were compounded by the political shock for the BJP in Karnataka

After a stellar 28% return in 2017, the BSE Sensex (down 2%) and the NSE Nifty 50 indices in India been a disappointment in 2018 to date. The emerging markets convulsions in May were compounded by the political shock for the BJP in Karnataka. The financial markets have also been alert due to the oil […]

Read More…

GCC Focus – Saudi Arabian equities are global winners in 2018! Saudi Arabian equities have become the world’s second best performing stock market in 2018

I had written an article titled “six reasons to be bullish Saudi equities in 2018, published in the KT on January 28. Yet I was surprised to see Saudi Arabian equities become the world’s second best performing stock market in 2018 after Egypt. The Saudi equity index fund (KSA) I recommended in my column is […]

Read More…

Macro Ideas – Is Iraq the world’s next hot frontier stock market? Money alone will not solve Iraq’s problems of systemic corruption

A dismal legacy of civil war, sanctions, insurgency, foreign invasion and terrorism has had a catastrophic impact on the Iraqi economy. Prime Minister Haider al-Abadi told the assembled global elite at Davos 2018 that Iraq needed $100 billion in postwar construction. Yet money alone will not solve Iraq’s problems of systemic corruption, a society divided […]

Read More…

Market View – The case for profit taking in Indian equities Indian equities still face downside risks even though Dalal Street suffered its first real correction since March

The Sensex and Nifty seem near a cyclical peak though the declines in Indian midcap/smallcap shares have been draconian. There is no doubt in my mind that, after a stellar 2017, investors sentiment in the Indian equities market is at an inflection point in April 2018: The old adage “don’t fight the Fed”, so frequently […]

Read More…

Wall Street – The rising LIBOR and the global financial markets All that's affected by the rise in LIBOR

Pocket watch on pile of dollars

Federal Reserve Chairman Jerome Powell made it clear that his strategy on interest rate hikes will be guided by the real time performance of the US economy, not the estoric econometric models of the central bank’s staff monetary economists. Unlike Ben Bernanke, Alan Greenspan and Janet Yellen, Powell is not an economist but a former […]

Read More…

Macro Ideas – The bullish case for British equities British equities exhibit metrics of investor pessimism

Tug of war with hands pulling rope in opposite directions

Brexit, sterling’s fall from grace, the collapse of the London housing bubble and the fractious politics of Theresa May’s Tory government in Westminster has made UK equities a pariah for global asset allocators. British equities exhibit metrics of investor pessimism last seen just after the epic failures of RBS, Lloyds HBOS and, yes, Barclays PLC […]

Read More…

Subscribe to our magazine now!

SUBSCRIBE