Anna Breman super dovish stance is coming through. The RBNZ rate hiking cycle is done. - Future Policy Decisions Will Depend On The Balance Of Risks To Medium-Term Inflation - Future OCR Path Is Not Pre-Determined - Medium-Term Inflation Indicators Are Consistent With Inflation Returning To Target - Spare Capacity Remains In The Economy, Particularly In The Labour Market

Jio listing: Quick thoughts - World’s most valued telecom company belongs to India.? At $130 BN, Jio is almost hitting AT&T market cap of $155 BN & Verizon mkt cap of $177 BN. In other words, imagine if Indian economy becomes EQUAL to American economy “tomorrow”. That’s the valuations at which we’re buying Airtel & Jio today. Imagine how far is that. At 14% CAGR growth, Jio will take 20 years to catch up to AT&T revenue. Thats why international investors find valuations in India beyond sanity. On ARPU - Indian ARPU is at of below Rs 220 for last 20 years. It was the same in 2006. How can you count on future growth? Go ahead and enjoy the party. But if investors think they can make money on this in next 10 years- I don’t think so. If you overpay, you carry all the risk. My discussion on Business Today @business_today

Ambanis kids speeches are nauseating 🤮🤮🤮🤮🤮🤮🤮

Reliance is fcking cheap as chips around 1200

9345 to 5345 in a almost a straight line. Valuations are reasonable Worth a punt.

This Zee Business Report says 1) RBI has asked govt to completely end capital account outflows under automatic route (will need RBI permission henceforth) 2) Current account flows capped at 50 lakh If true, it effectively ends US investing for Indians zeebiz.com/economy-infra/new…

We called it 10 days back. #Brazil #lula #EWZ

EWZ (Brazilian ETF) is up almost 40% YTD A Quaest poll released on Thursday found that Bolsonaro, has received 46 percent support among respondents, compared to Lula’s 44 percent. Margin of Error is 2%!!!!! EWZ short risk reward is quite asymmetric.