This December marks the 2-year passing of the stock market crash. To say that the stock market is struggling would be a gross understatement – almost every indicator of stock market performance suggests that.
On March 3, 2005, Martha Stewart was released from jail after serving five-month for her involvement in insider trading. On being tipped off by Sam Waksal, the CEO of ImClone, Ms. Stewart sold 3928 of her ImClone shares only the day before the company disclosed to the market that FDA had rejected its cancer drug… Read more »
Inflation is kissing the Everest; stock market slump has forced investors to fast unto death (breaking news alerts of today are prompting one face saving measure after the other); the foreign secretary is comparing his own body weight to the United States’ stance on Prof Yunus; army is being deployed as a safe striking tool… Read more »
If investors and general public are fed up by the vagaries of the capital markets, they may take solace in the fact that this has been the bane of investors for the last five centuries. There is chronicled history about share market excess and subsequent demise, which left large impact on the mainstream economy and… Read more »
Economic policy-making is going through an interesting time. Huge opportunities are beckoning, but there are also many risks. Steering the economy in this environment is a challenging task. The rewards of correct policies will be large in terms of accelerated economic growth, but wrong policies could condemn the economy to stagnation for a considerable time.
The government has again succumbed to the pressure of whitening (legalising) black money. This did not come as a surprise: once the government permits whitening black money, the pressure to continue with it becomes irresistible.