Stocks & Stars

The US is a land of stock newsletters. There are hundreds of them advising investors on what to buy and sell. They use a variety of strategies and techniques to recommend stocks. Guess which is the best performing one recently? It is one that relies on astrology! Yes, Crawford Perspectives run by Arch Crawford.It’s recommended stocks were up a breathtaking 36% between January and October,...

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Crisis & Solutions

Someone closely connected with managing the impact of the global financial crisis tells us that the government in election mode is unwilling to take any drastic action to finance cash-strapped industries which had over-ambitiously extended themselves during the bull run. The strategy, it would seem, is to do as little as possible, make optimistic statements about India’s growth, blame the US...

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Realty, Get Real

A Goldman Sachs’s report predicting that India’s property market is “poised for a deep correction” has finally shaken up realty czars. Goldman says that it expects a drop of 30% from current levels, while many banks and lending institutions believe that prices need to drop a minimum of 50% or more. In fact, some numbers quoted by bankers suggest that Goldman is being optimistic. The...

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