While the 3 day Jackson Hole symposium will start on 25th August and conclude on 27th August, the big item on the agenda will be the speech by Jerome Powell. His speech is slated to be delivered on the last day of the 3-day gathering. Jackson Hole is

The global energy market is in a state of flux. Europe is gradually getting engulfed in one of its worst energy crisis in recent times. In addition, Saudi Arabia has cautioned that the OPEC may cut supplies in its latest meeting to align the demand a

After a gap of almost 15 months, the RBI finally lifted the ban on American Express on the issue of fresh cards and onboarding of fresh customers. Amex has been under a ban since May 2021 for violation of data storage norms laid out by the government

The 2-day Fed meeting concluded on 27th July and the minutes were published after 21 days on 17th of August. It may be recollected that the Fed has already hiked the Fed rates by 225 basis points in the last 4 meetings since March. Out of this 225 bp

Just a day before the consumer inflation data was announced by the US Bureau of Labour Statistics, the lead indicators had already indicated a tapering of the headline inflation. However, the eventual inflation for July 2022 at 8.5% was lower, but no

Some call Warren Buffett of Berkshire Hathaway the last bull on oil but that is a trend that cannot be missed. For the first time in recent memory, Buffett has more than $45 billion invested in oil stocks, predominantly in Chevron and Occidental Petr

The good news is that the foreign portfolio investors have turned net buyers in equities since July 2022. FPI had sold close to $35 billion of equities between October 2021 and June 2022. However, in the month of July, the FPIs net infused $634 milli

Today, most people know of Microsoft and Apple as competitors and also as two of the most valuable companies in the world. Between them, Microsoft and Apple command a combined market capitalization of almost $5 trillion. Incidentally, that is about 6

It is not often that you expect Warren Buffett to go so wrong on his stock positions. But then, June 2022 was no ordinary quarter for the US markets. The Dow and the S&P gave up nearly 20% from the peak levels while the NASDAQ had given up more t

Just about a month back, the RBI had issued detailed instruction wherein Indian traders could pay for their exports and imports in Indian rupees. The view is that once the Rupee trade is introduced, then India does not need to denominate its trade wi

For a long time, Yes Bank has been making presentations to various PE funds regarding sale of a stake in the bank to a large private equity player. Finally, that may be approaching fruition. Just a couple of weeks after Yes Bank finalized the sale of

Before we get into this story in greater detail, let us first understand the difference between a hedged position and an unhedged position. A hedged position is a protected position and today it is possible to hedge your risk with the use of futures