Bond markets ahead of equity mkts by 6-12months. 10yr Gsec yields have eased from 8.20% to 6.5%. Will equity mkts follow this time also with a lag? Credit premium at elevated levels.Risk aversion is high. It’s always darkest before dawn. pic.twitter.com/mng74uA1u7
— Pankaj Tibrewal (@pankajtibre) September 17, 2019
Billionaire T Boone Pickens died today. Amongst his many achievements, he will be remembered for his sense of humor.
I try to make it a habit every morning to look for silver linings & +ve news.This shows how dramatically the monsoon deficit has been wiped out & is now solidly in surplus.This, plus relatively low oil prices could give our economy the push it needs to move back to a higher gear. pic.twitter.com/On6iWiH99w
— anand mahindra (@anandmahindra) September 10, 2019