Words ought to be a little wild, for they are the assault of thoughts on the unthinking
- J.M. Keynes

Saturday, 27 July 2013

Mind the coming storm

The latest article on portfolio allocation is out now.

Mind The Coming Storm

These are trying times for Indian investors. The seemingly inexorable rise in the rupee, real estate and the equity markets when United Progressive Alliance (UPA) was not a four-letter word is long forgotten. The rupee, hard-hit by the global emerging markets pull-back, is creating the wrong records every week. Wondrous tales of house prices doubling every quarter are now rarer than a honest politician, and the equity markets have gyrated wildly offering investors return-free risk. Add political stasis and galloping inflation into the equation and all the ingredients for a perfect wealth-destructive storm are in place.

The entire article is here at LiveMint.