Last week, I explained with two examples how it would be facile to assume that the market crash of 2008 and subsequent recovery from 2009 will repeat itself in the same manner in all future crashes. You can read that article here.
My short point was that, unless we look under the...
Even as some of us, in states like Maharashtra, begin the fourth month in lock-down, the rest of the country seems determined to put COVID-19 behind it. This has two significant financial implications for all of us.
Gilt and long-term debt schemes have become the talk of the season after giving double-digit returns in the past one year. Investors have flocked to these schemes to chase whatever is left of the rally in the gilt bond prices.