Market Manipulation

Source Jesse Livermore learned the art of stock market manipulation, manipulating the prices of thinly traded stocks, in bucket shops. On March 13, 1925, Arthur Cutten – one of his biggest rivals – accused Livermore of continuing his shady dealings – not in bucket shops – but, very seriously, on the Chicago Futures Exchange. At … Read more

Demonetization-What is Clear

–wrote Akash Prakash Very Nice Well Thought Article by Mr Akash Prakash What is clear is as follows: 1. Banks will benefit, as much of this ₹ 15 lakh crore in currency will get deposited. Even if only 10 % remains with the banks it means an incremental ₹ 1.5 lakh crore of current and … Read more

GST impact on Indian Economy

What will GST mean for the Indian economy overall There are a variety of estimates of the benefits of GST to the Indian economy. Firstly, in terms of tax efficiency and reduced compliance, it will be a big boon for business. The secondary impact of GST is likely to increase GDP growth by 200 bps … Read more

Indian Stock Market :Most Expensive in BRIC Pack

The Indian market is more expensive than its peers among emerging countries, with indices tracking these nations showing a lower multiple of earnings than India. The Morgan Stanley Capital International (MSCI) India index is trading at a price-to-earnings multiple (or P/E) of 17.72, according to Bloomberg data. This means that investors are valuing it at nearly 18 … Read more

October 17 “Debt Deadline” Could Be Breached Even With A Last Minute Deal

With two days to go to until dreaded October 17 D-Day (on which incidentally, very little of note will happen, because as Goldman explained earlier today, that is simply the date past which the Treasury can no longer borrow, but still has some $30 billion in cash which could last to fund the Treasury’s needs … Read more

“No Deal” – Boehner Says Obama Rejects Proposals, Not Negotiating; Talks At An Impasse

After a two-day, five hundred point Dow Jones rally on nothing but hope that just because politicians are talking, all shall be well, it was the weekend’s turn, when the market is conveniently closed, for true Congressional colors to emerge. Sure enough, moments ago Boehner told GOP lawmakers that Obama has “rejected our deal”, and … Read more

How US government shutdown is affecting citizens

Science was put on hold, normally bustling stores went quiet and families depending on government aid feared losing their baby food as a government shutdown rippled across the country. The budget impasse in Washington shut all but essential U.S. government services for the second straight day on Wednesday, while neither political party appeared willing to … Read more