#China money manager. pic.twitter.com/jidmAtfKXu
— Pedro da Costa (@pdacosta) December 21, 2015
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Hat Tip:Bala
Around a year back,on 4 December 2014,the following article came in ET:
Top US brokerage Goldman Sachs today said it is bullish on India and sees Nifty hitting 9,500 -mark by end-2015 due to strong capital inflows in the country which is expected to become fastest-growing large emerging market economy in the 2016-18 period.
“We stay overweight on cyclical recovery and reform progress and expects Nifty to reach 9,500 at end-2015,” Goldman Sachs Chief Asia Pacific Regional Equity Strategist Timothy Moe told reporters here
The 50-share NSE benchmark index today ended at 8,564. “We forecast a large balance of payments surplus in 2015 driven by a narrowing of the current account deficit and strong capital inflows. We forecast mid-teens earnings growth in 2015-16 largely driven by banks, IT and a few cyclical sectors,” he said.
Forecasting Folly,anyone?
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Linkfest:December 28,2015
Some stuff I am reading today morning:
Reliance Jio soft launches 4G services (FE)
Tata Group:3 years under Cyrus Mistry (Mint)
Rupee Strength cuts India dependence on world (Bloomberg)
Outlook of Mumbai’s residential property market (Morningstar)
Investment Checklist (Subramoney)
Real Estate and the Stock Market (Prashant)
Ajay Relan’s stock pick for 2016 (OB)
Is Bloomberg’s return bad for Bloomberg? (Spiegel)
The 50 Best Investing Insights of 2015 (Fund Reference)
Is Warren Buffett a slumlord? (Zero Hedge)
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Weekend Mega Linkfest:December 24,2015
Some off beat reads for the long weekend:
The mystery of India’s deadly exam scam (Guardian)
Can Manu Prakash save the world? (New Yorker)
My experience as a Uber driver (TeamBHP)
Saudi Arabia’s phony war on terror (Brahma)
The Devil and Jose Mourinho (Guardian)
The great Republican revolt (Atlantic)
How I built a 1C a year company and led it to bankruptcy (Rodinhood)
How a 25 year old is changing the celebrity gossip industry (BuzzFeed)
Royal Mysore Heritage Walks (YS)
Don’t confuse your mid-life crisis with entrepreneurship (Subroto Bagchi)
The Tharoor’s family Amul Journey (Shashi Tharoor)
Travelogue:The Dak Bungalow Trail (TeamBHP)
Movie Review:Star Wars,The Force Awakens (Great Bong)
Gossip:Advani wants to be President (Gossip Guru)
Some more Delhi gossip (Fashion Scandal)
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Source:Ian Cassel
