Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures global macro investment opportunities and economic, business and financial trends with charts and commentaries in this space.
Fed fund futures are now pricing negative fed rate by June 21. This is Nordea model which is predicted US 10-year yield at -0.4 some time back. Fed fund futures and market leads, and Fed just follows the market.
Paul Tudor is an investing legend of our time and he has just disclosed a position in “Bitcoin”
Indian Govt is set to Borrow 50% higher than the budgeted borrowings. If this is used to fill up the hole of shortfall in revenues than it will not help GDP but if used for stimulus package can help GDP growth albeit with higher future inflation.
The length of time that unemployment stays high "will determine to what extent this crisis moves from being a liquidity crisis for households and corporates to a solvency crisis:" DB's Torsten Slok
The Fed’s balance sheet will expand by 38 percentage points of GDP, more than the 20 percentage points during QE1, 2 and 3 combined.(Morgan Stanley)
This sector is not coming back in a hurry. Some countries including will get real hit on their GDP and Job creation
