Some stuff I am reading today morning:
Veggie prices surge 61% in April (TOI)
RIL loses 10% of market cap in a month (ET)
Rupee closes at an all time low of 53.96 (FinancialExpress)
The tale of a whale of a fail (DealBreaker)
Faith fades in eurozone firewall (FT)
Krugman’s Eurodammerung (PaulKrugman)
Bollywood gossip of the week (RajeevMasand)
One of the smartest guys in the investment world is Michael Platt of BlueCrest Capital
He warned in Dec, 2011 of a huge flight to quality and how he holds only extremely liquid positions.
With the crisis re-erupting, In the Indian context, expect a further flight to quality and the most liquid stocks.
This interview is a real must watch
Markets are tumbling like nine pins all over Europe.The Greece crisis has re-erupted like a bad nightmare that does not go away.
Am reminded of this immortal dialogue from the Godfather