“Once we act, we forfeit the option of waiting until new information comes along. As a result, not acting has value. The more uncertain the outcome, the greater may be…
People like crowds. The bigger the crowd, the more people show up. Small crowd, hardly anybody shows up. -Gallagher The same is so true for the stock markets….when they are…
“most economists use statistics like drunks use lampposts: for support more than for light”-ChurchillThe challenge before Bernake is to make a decision to pause/stop the fed rate hike this FOMC…
Its always a treat to read Deepak Parekh's review of housing scenario. A very well written Chairman's statement from the HDFC's annual report.Excerpts:The siren of caution in the real estate…