QE and the Wealth Effect in the US

Events in Japan and Libya do not seem to have derailed the ongoing positive sentiment in the market, but it might just have alerted various Masters of the Universe that black holes (or was that swans?) are both invisible and unpredictable until they occur. It is precisely because of this that such events . . . → Read More: QE and the Wealth Effect in the US

Chris Berry: Lithium to Elevate Equities and Investor Mood

House Mountain Partners Founder Chris Berry points to the rising quality of life in Asia as competition for strategic resources that could push the cost of energy to the breaking point. There won’t be a single solution, but more efficient electricity storage to power vehicles will be critical. High-capacity batteries are dependent on several . . . → Read More: Chris Berry: Lithium to Elevate Equities and Investor Mood

Defence land: A key dimension of India's privatisation problem

As Vijay Kelkar has long emphasised, India’s privatisation question should be viewed as a question about the portfolio of the State. For each Rs.10,000 crore of shares of Air India that the government owns, it is forgoing 2,000 kilometres of highways. The State needs to ask itself whether it is better to own 2,000 . . . → Read More: Defence Land: A Key Dimension of India’s Privatisation Problem

Economic Events on April 6, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 6.7% in the Purchase Index and a week to week decrease of 6.2% in the Refinance Index.

At 10:30 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving . . . → Read More: Economic Events on April 6, 2011