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Fed rate hike most likely in 2016. September or December? September hike will put pressure on emerging market equities including India.
— Uday Kotak (@udaykotak) August 28, 2016
Some stuff I am reading today morning:
Global interest levels at lowest level in 5000 years (Yahoo)
I-T department to send emails to 2.59L tax payers (ET)
UPI:Moving towards a cashless future (Mint)
How short termism can destroy companies (BL)
Will Rajdeep Sardesai’s anti-Namo stance destroy investor wealth? (RJ)
Random Thoughts on Financial Planning (Prashanth)
The pinch of owning concentrated portfolios (Safir)
Paul Tudor Jones & the nature of the beast (CS)
One Million Market Beaters (Irrelevant Investor)
Deutsche Bank’s $10 Billion Scandal (New Yorker)
Some off beat reads for the weekend:
Why India is the true victor at the Olympics (Theodore Dalrymple)
Bihar’s war on alcohol (HP)
Khursheed,a Kashmiri Jawan,took 8 bullets for India (Quint)
How one tweet led Syrians to Germany (Guardian)
Rare picture of Mahatma Gandhi & Dalai Lama (Twitter)
How this 29 year old built a 180 Crore solar business (YS)
How the European harmonium become synonymous with Indian music? (Scroll)
Why the US President needs a council of Historians (Atlantic)
What drives Great Britain’s medal machine (Spectator)
In Photos:African Slavery in Iran (Guardian)
Research: Being lazy is sign of high intelligence (Independent)
The most exclusive restaurant in America (New Yorker)
Travelogue:Drive to Tawang (TeamBHP)
Mulayam Vs Akhilesh Yadav (Gossip Guru)
Naga girl fights racism with poetry (BI)
Goals-based investors with a return target are forced to save MORE, spend less at 0% rates. Low rates are a TAX on the economy, not stimulus
— Downtown Josh Brown (@ReformedBroker) August 26, 2016