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In Defense of the Fed

Stephen Roach writes….. Despite howls of protest from market participants and rumored threats from an unhinged US president, the Federal Reserve should be congratulated for its commitment to normalizing interest rates. There is simply no other way to break the… Continue Reading

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There goes Make In India

Phone maker Lava International Ltd was, not long ago, a leading poster boy of the government’s Make in India dream, with value-for-money offerings for the price-conscious customer, apart from playing a significant role in creating a domestic manufacturing ecosystem for… Continue Reading

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Are All Bets Off?

Eric Cinnamond writes…In summary, the financial markets, and possibly the economy, appear to be in transition. With uncertainty increasing and equity prices declining, it’s not surprising 2018 is shaping up to be a favorable year for patience and prudence. Of… Continue Reading