- Wealth PMS
In Macro news, we have a new theme in town: the Indian QE. What you will see is:
1) Ooh, Credit Growth Started To Perk Up!
2) But Wait, What's Happening Here With The RBI Balance Sheet?
3) Goodness - The RBI is printing money like it's going out of fashion!
4) But is there hope? Why could the RBI be doing this?
5) The conclusion: This is a buffer against something big to happen later this year.