Month: December 2022
Market perspective
The Fed and the Markets
The Fed has hiked the base rate by 50 basis points, taking the Fed Funds Rate to 4.25% to 4.50%. The hike of 50 basis points is by no means a small hike, but some relief could be had from the fact that it is smaller compared to the earlier rate hikes. That would also […]
Gold looking for a reason to move up…
Gold has been trading in very narrow ranges and it was not able to break above the 1730 level for a long time and at the same time it has been basing at the 1640-1680 levels. This indicates the lack of any fresh factors to trigger a move in either direction. Against an elevated inflation, […]
The Pace of Tightening Slows…
The Pace of Tightening Slows… The Policy Action RBI has hiked the Repo Rate by 35 basis points taking the policy rate to 6.25%, and the SDF rate to 6.00%. The policy action was on expected lines, the central bank was seen reducing the pace of rate hikes in the wake of moderating inflation (as […]
Equities may be less volatile and makes better investment sense
The equity indexes have been quite buoyant over the recent past with some money from overseas investors tricking in. While this provides a positive anchor to the markets, the future will depend on two critical factors. The first is, one needs to see the inflationary pressures gradually coming down and the same brining in moderation […]
