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Month: October 2012

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China Way Ahead of Rest of World on Cement and Steel Production

Following up on last year’s post about China’s sheer dominance in steel production, we find that 2011 wasn’t quite so different either: India ...

Argentina, Monetizing Debt, Insurer Dirty Play (Links)

Argentina is in some sort of a soup. A US court ruled that they must pay bondholders who "held out" against a debt restructing plan in 2005 at the ...

What I learnt at Traders Carnival

I presented at the Traders Carnival on Friday. Lots of learning, from some great traders present and overall, the impact to me has been of a yearning to return ...

Bank Credit Growth Slows and Crowding-Out Effect is Visible

Bank Credit growth as of October 5 has slumped to 15.9%, which is close to a near term low. Bank credit is all the credit that isn’t to the government, ...

Thoughts of a Corporate Consultant – Part XIV

The last three months have been crazy. I’ve been consulting – all day – at a banking software company, doing things like creating PPTs, ...

WPI Inflation for Sep 2012 at 10 month high, 7.81%

Wholesale Price Inflation was at 7.81% in Sep 2012, the highest in 10 months. Remember, diesel prices were increased in mid-September, and about half that ...

Guest Blog: Insurance Funds Should Invest in All Classes of Bonds

This is a guest post by Karthik Shashidhar, who’s both a good friend and a great quant and data guy. He writes in on a recent IRDA directive. Earlier ...

The Flash Crash: Fat Finger or Algo, Emkay Must Pay

At 9:50 AM on Friday morning, when the markets were expected to keep going up forever because we have new reform agendas, the markets went curiously the other ...

20 DMA Custom Indicator Not Yet OverBought

I use an indicator to figure out if the market is overbought or oversold. This simply takes the number of Nifty stocks above their 20 Day Moving Averages ...

India's September PMI Shows Expansion at 55.0

The HSBC Market Purchasing Manager’s Index for September is at 55.0, a marginal increase over August’s 54.3. This is a composite indicator ...