#RBIPolicy
RBI's monetary policy committee (MPC) outcome is to be announced today at 10 am.
We thought of writing an explainer thread🧵on key RBI Monetary policy tools & their implications. This should help you understand the policy better.
Please RT to educate more folks. 1/n
What is Monetary policy?
Monetary policy is the use of instruments under the control of the central bank to regulate:
✅Supply, cost and use of money & credit
With end objective of controlling:
✅Inflation, Liquidity, Balances, Exchange rate and overall financial stability
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What are the tools used by RBI?
RBI (or any Central Bank) has various tools at its disposal to achieve its above-mentioned objectives. We have noted these tools in the left half of image below 👇
✍️State of Fixed Income securities in India
✍️India versus US fixed income
✍️Understand global macro & RBI response
✍️Credit risk fund and Global debt funds
✍️Asset allocation and risk management
✍️Origins of weekendinvesting.com
✍️Experiment with various styles
✍️Exit principle on positions
✍️Psychology and investing
✍️Managing drawdowns
✍️On journaling trades and investments
“Bitcoin” – almost everyone has an opinion on it! Bitcoin, along with other coins in Crypto Land, have seen a steep correction in last few days.
Let's use this fall to simplify and de-jargonize the complicated world of Bitcoin.
Thread 🧵
𝐎𝐫𝐢𝐠𝐢𝐧𝐬: Bitcoin was born in chaos, in the aftermath of 2008 financial crisis – banks collapsing, counter parties abetting on contracts and declining trust in Central banks. It was designed as a peer to peer decentralized monetary system devoid of intermediaries.
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The domain Bitcoin.org was registered in Aug 2008 and the Bitcoin paper (bitcoin.org/bitcoin.pdf) was published on Oct 31, 2008. This started the journey of Cryptocurrency.
It's a new week and a pleasant rainy morning here in Mumbai!
Grab some tea/ coffee as we share some snippets and readings from the week gone by that we found interesting. #MultipieWeekly 1/n
1. Interesting slide from CRISIL that depicts the trend of raw material cost inflation across industries and their ability to pass on the cost to end user (pricing power).
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2. General and health insurance companies are seeing a major spike in Insurance claims as a result of larger than anticipated second wave.
Source: Business Standard
𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐞𝐱𝐭𝐫𝐚𝐜𝐭𝐬: In this thread, we will highlight select extracts from company presentations that we found interesting.
PS: None of it is an investment advice. #Q4withMultipie
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1. L&T Infotech: Between 2019 and 2021, LTI has deepened its' capabilities and offerings into top tier of partners across key platforms such as AWS, Google Cloud, IBM, Services Now and Snowflake. #Q4withMultipie
2. Supreme Industries: Supreme has market leadership (or among Top 3) in each of its segments - Plastic piping, furniture, packaging and industrial products.
Both P&L and Balance sheet look stronger at FY21 end as highlighted. #Q4withMultipie