Wednesday, June 25, 2008

A Case of Too Little, Too Late

Published in Mint on June 26, 2008

Commentary on the recent Lending Rate and CRR hikes. Much too small and will not make a difference to the direction in which Consumer Prices are headed i.e. North. I am surprised that the RBI is not able to see the writing on the wall -- afterall they are literally "printing" it.

Thursday, June 12, 2008

The Dollar's Dead Cat Bounce

Published in Mint on June 13, 2008

Too much has been made out of the recent Dollar rally. Pronouncements such as the "Return to Goldilocks" and "King Dollar" have been made by the so-called-experts. But as I have explained, the Dollar is still the early stages of a long downward path.