BUSINESS
MC Pro Weekender | A new narrative
Stock markets are celebrating the turn in inflation, but the bond markets are looking at the coming slowdown
BUSINESS
The Red Queen, nihilists and other insights from the MPC minutes
Michael Patra’s forecast of growth averaging between 6-7 percent this fiscal year and the next is one cue that the markets need to take into account and adjust their earnings estimates accordingly
BUSINESS
Why central banks may have to raise interest rates sharply to lower inflation
The Bank for International Settlements says, "in an unequal society, income is concentrated in the hands of a few, whose consumption is high and largely insensitive to interest rate". That could limit the effectiveness of monetary policy
BUSINESS
Moneycontrol Pro Weekender | When Jerome Powell sneezes…
The prime concern of the Street is whether the Fed will go too far to keep inflation on a tight leash, potentially setting the stage for recession
BUSINESS
Chart of the Day | The last time US financial conditions were this tight is in May 2020
The Chicago Fed’s Adjusted National Financial Conditions Index is hovering around positive territory, which indicates financial conditions are about to get tight
BUSINESS
Moneycontrol Pro Panorama | Humpty Dumpty
In today’s edition of Moneycontrol Pro Panorama: Retail rocks, where CGD firms stand, inflation headache, GuruSpeak and more
BUSINESS
Peak inflation may be behind us, but how long will inflation stay sticky?
The good news is that core inflation has come down month-on-month, despite strong growth momentum
BUSINESS
The reason for the sell-off in the markets, in one table
A sharp upward revision of the US Fed’s likely rate increases has led to the fall in global markets
BUSINESS
Fear of the Fed
A research paper by Lawrence Summers finds that the disinflation the US Fed has to achieve today is similar to that of the Volcker years, which means a recession is on the cards
BUSINESS
Moneycontrol Pro Weekender | The Outlook for Growth
How will the growth trajectory shape up in days ahead? Going by the conflicting signals, there are no easy answers
BUSINESS
RBI consumer survey | Buyers look to cut down spending on non-essentials
In May 2022, only 27.5 percent of respondents said they will increase spending on discretionary items in the year ahead. In contrast, 34.1 percent said they will reduce spending
BUSINESS
Capacity utilisation in March quarter highest since Q4 FY19
While increased capacity utilisation is a sign of economic recovery, it also raises pricing power, allowing firms to pass on input cost increases
BUSINESS
Despite hike, real repo rate is around the same level as a year ago
If we consider a positive real policy rate as an indication of normal policy, we have a long way to go and growth will continue to be supported by loose monetary conditions
BUSINESS
GDP data | Economy limps back, with capex as crutch
GDP numbers show weakness in private consumption, which grew by a mere 1.8 percent year-on-year during the quarter
BUSINESS
Rahul Gandhi’s Cambridge interview shows how out of touch he is with the mood of the nation
He spoke on China offering ‘the idea of prosperity’, but the facts on the ground say otherwise
BUSINESS
Moneycontrol Pro Weekender | History lessons
Why do investors turn to history when the chips are down, but ignore it resolutely during bull markets?
BUSINESS
The real reason for the Quad
The IMF forecasts the Chinese economy will be 94 percent of the US by 2027
BUSINESS
The one chart that shows Modi government’s performance over the past 8 years
India’s share in global GDP, in purchasing power parity terms, has been rising steadily
BUSINESS
Flash PMIs show growth slowing, but inflation remains very strong
While the easing of COVID restrictions and pent-up demand are still holding up growth, there are signs that high inflation is affecting demand
BUSINESS
Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
BUSINESS
What the MPC minutes say about future rate hikes
Jayanth Varma says more than 100 basis points of rate increases need to be carried out very soon
BUSINESS
Global fund manager survey says it’s time for a bear market rally
The Bank of America survey of global fund managers points to extreme bearishness, indicating a bounce, but it says full capitulation hasn’t yet been reached
BUSINESS
Moneycontrol Pro Panorama | Catch-22 for markets
In today’s edition of Moneycontrol Pro Panorama: A quality bet, PPL’s tryst with market, what Adani buy means, Guruspeak and more
BUSINESS
Moneycontrol Pro Weekender | Inflation shock
High inflation will sooner or later take a toll on demand
