Presidential Market Cycles

In the US, analysts try to link stock price movements to a variety of factors such as how stocks do in January or to specific after-events like disasters or war. One idea is to link stock performance to the “presidential cycle”. The theory is that the stock market goes up and down in line with the four-year presidential term. The logic is that the market declines after the new president is...

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Even RBI Can’t Check Fakes!

What does an ordinary person do when even  the Reserve Bank of India (RBI) cannot check fake currency? In a shocking revelation, MoneyLIFE learns that fake currency worth Rs17,000 was remitted from RBI to ICICI Bank at Hyderabad. So far, it was RBI that had been pulling up banks on finding that their currency chests contained fakes. But the remittance of fake currency from RBI itself suggests...

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How to Earn & Give

The name Warren Buffett stirs a wide range of emotions – from awe to envy to disgust to pity! But one common thought that one instantly associates with the name is WEALTH. The Snowball is the ‘authorised’ biography of Warren Buffett (WB), written by Alice Schroeder, an investment analyst. The book is a big boring read, spanning more than 70 years of WB’s life in a chronicle-like fashion....

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