Job losses in financial services have been savage
The slowdown is on in full swing. Everyone I meet is privately worried about business and jobs. Businesses are preparing for a slowdown by chopping costs. Unfortunately, in the services sector, chopping costs invariably includes layoffs. Layoffs are more evident in financial services. The scale of layoffs is frightening. From a few hands to a...
Stocks can destroy your savings, unless your timing is right. What should conservative investors do?
The way stock markets have behaved over the past 20 years, it is difficult to believe that, over the long term, stocks will beat inflation. Yes, individual stocks would have, perhaps, given spectacular returns, but are these known only with hindsight?
If one believes in stocks as an...
SEBI needs to separate the institutional and retail parts of liquid funds’ portfolios so that retail investors are not taken for a ride
Until recently, liquid funds facilitated the flow of credit between companies, banks and others. But these funds were meant for mainly large investors, as the fund industry chased corporate money to grow bigger and bigger. In pursuing that objective, they...
