The Way you See Me is The Way I Am".
Urological Economist.
Poetry a passion.
(Poetry thread link below in bio, Economics Thread Pinned)
May 22 • 5 tweets • 4 min read
@indiacharts@_prashantnair I totally agree. The inflation trajectory may change, not final outcome of inflation.
The projected May 2022 CPI inflation is between 6.5%-7%.
How the fiscal cost of this relief is absorbed, need to be seen.
@indiacharts@_prashantnair The most welcome step is decreasing input cost on raw materials, plastic and steel.
This will help the industry majorly. Something which is need of the hour.
Now we have to see how much supply chain disruptions affect this import.
1. Oil accounts for ~ 4.5% of GDP as you mentioned. At 100$ it was 3% of global GDP.
If 4.5% of global GDP is twice as expensive tomorrow, clearly, this will have some impact on inflation. 2. I don't think it's a major driver when it comes to inflation. Monetary Policy plays a more important role.
3. Oil is pertinent to every factory, hence through may not have volumetric effect but still affects cost of goods.
May 20 • 5 tweets • 2 min read
Official Bear Market entry of #SP500. Just about to go 20% from the top
Not all is red.. Specks of green seen.
@SahilKapoor I can probably answer only first question.
1. Oil accounts for approximately 4.5% of GDP as you mentioned. At 100$ it was 3% of global GDP.
If 4.5% of global GDP is twice as expensive tomorrow, clearly, this will have some impact on inflation.
1/n@SahilKapoor 2. I don't think it's a major driver when it comes to inflation. Monetary Policy plays a more important role.
3. Oil is pertinent to every factory, hence through may not have volumetric effect but still affects cost of goods.
2/n
May 15 • 5 tweets • 4 min read
India inflation: Is RBI behind the curve? MPC member Ashima Goyal answers ecoti.in/bL9wqY
1. Do Not over-react to recovery shocks, 2. India is Esp Vulnerable due to Crude Prices, Geopolitics and food inflation 3. We did not giver over stimulus to economy, we are better placed then FED.
May 14 • 7 tweets • 5 min read
More Pain Ahead.
Wonderful article from Credit Suisse
Must Read.
74/M on Maintainence haemodialysis, PTCA(Double Vessel Disease, Drug Eluting Stent) 10 days back. On Ticargelor and Aspirin.
Presented with sudden onset haematuria and clot retention?
Amazon reported its first quarterly loss since 2015 on Thursday.
It reported a loss of $3.84 billion, or $7.56 a share, for the first three months of the year barrons.com/articles/amazo…
The @federalreserve is talking of hiking interest rates and end their quantitative easing (QE) policy to halt rising inflation. A Thread 🧵 to understand what it means.
@JustPunforfun@564pankaj@CNBCTV18News @bloombergquint @EconomicTimes
With inflation currently around 7%(USA) and 6,95%(India), businesses and consumers are feeling the pinch.
The Fed’s actions are designed to reduce the inflation rate to a more comfortable 2.00%-3.00% (USA). @RBI expects India to be down to 5.7% for this financial Year. 2/n
Apr 23 • 19 tweets • 6 min read
History Repeats, Are we Listening ?
A Thread 🧵on Economic Cycles, Past & Present, What we Know and What we Do Not.