While the American central bank did not officially expand its quantitative easing program last month, it did reiterate its willingness to institute more aggressive monetary policy measures in order to combat the risks of deflation.
October 25th, 2010 | Puru Saxena | 47 comments | ContinuedArchive for Puru Saxena
Puru Saxena publishes Money Matters, a monthly economic report, which highlights extraordinary investment opportunities in all major markets. In addition to the monthly report, subscribers also receive "Weekly Updates" covering the recent market action. Puru Saxena is the founder of Puru Saxena Limited, his Hong Kong based firm which manages investment portfolios for individuals and corporate clients. He is a highly showcased investment manager and a regular guest on CNN, BBC World, CNBC, Bloomberg, NDTV and various radio programs.
The Stock Market Has Hit Its Low!…Sort of
Global stock markets are in a multi-year bull-market and nominal prices are likely to appreciate for several more months. In our view, we are currently amidst a normal multi-week consolidation phase and most stock markets are likely to stage a sharp year-end advance.
September 9th, 2010 | Puru Saxena | 6 comments | Continued
Debunking Deflation
You will recall that during the bottom of the previous bear-market, most of the pundits were shunning ‘risky assets’ (stocks and commodities) and they were advocating a heavy exposure to cash and fixed income assets. Back then, the vast majority of strategists and their devotees were erroneously fretting about deflation.
August 13th, 2010 | Puru Saxena | 8 comments | Continued
Rock and Hard Place
The developed nations are over-extended, their debt levels are ballooning and their governments are creating copious amounts of money. Put simply, most industrialized nations are now caught between a rock and a hard place.
April 21st, 2010 | Puru Saxena | 1 comment | Continued
Ponzi Scheme
Let’s face it, the government-bond market in the West is a gigantic Ponzi scheme. Most governments in the ‘developed’ world are drowning in debt, they are running mind-boggling budget deficits and printing money…
February 19th, 2010 | Puru Saxena | 3 comments | Continued
Inflation: Distorting the Economy
In fact, inflation acts as a poison for retired people since they are no longer able to earn more money in order to maintain their standard of living.
January 19th, 2010 | Puru Saxena | 7 comments | Continued
China Will Rule the Business World While America Finds Itself Heavily in Debt
The 19th century belonged to Britain, the 20th century belonged to America and in the 21st century, China will rule the business world. Whether you like it or not, this transition is already underway…
November 18th, 2009 | Puru Saxena | 10 comments | Continued
Supply of Conventional Crude Oil is Very Close to its Peak
Yes, various governments are now promoting alternative sources of energy and over the following years, we expect this drive to intensify.
October 27th, 2009 | Puru Saxena | 4 comments | Continued
Inflation is Our Future
On one hand, the deflationists are claiming that given the extremely high debt levels in the West, further inflation is impossible.
September 30th, 2009 | Puru Saxena | 4 comments | Continued
Peak Oil: Supply Data Doesn’t Lie
Remember, Peak Oil doesn’t mean that we are running out of oil reserves, crude will be around for decades. However, ‘Peak Oil’ does imply that we are dangerously close to peak global oil production.
August 27th, 2009 | Puru Saxena | 3 comments | Continued
World Economy Faces Hyperinflation or Deflation?
What is more likely is that over the coming months, we will get another deflationary scare. Any sell-off in the markets later this year will be met by an even larger stimulus from the policymakers and this will ultimately result in high inflation.
July 9th, 2009 | Puru Saxena | 4 comments | Continued
Transfer of Wealth
There can be no doubt that the global economy is undergoing a massive transformation and we have now entered an era of ‘Big Government’. Puru Saxena explores, below…
June 25th, 2009 | Puru Saxena | 0 comments | Continued
Federal Reserve Wants to Debase the U.S. Dollar
Last week, Mr. Bernanke announced that the Federal Reserve would buy $300 billion worth of U.S. Treasuries and another $700 billion worth of government-agency mortgage debt. In order to finance these purchases, the Federal Reserve would simply create this money out of thin air.
March 27th, 2009 | Puru Saxena | 7 comments | Continued
Bunch of Turkeys
A bunch of turkeys have hijacked our monetary system and all they know is how to print money. Rather than let the market clear itself out, central banks continue to use taxpayers’ money to bail out insolvent institutions. This brilliant strategy has NEVER worked in the past and it will not work this time around. Instead of robbing innocent people of their savings, the establishment must allow the weak banks to go bust…
February 26th, 2009 | Puru Saxena | 3 comments | Continued
The Investment Community Has Dumped All Assets
Global financial markets are acting as though the world is about to implode. Over the past four months, the investment community has dumped all assets; regardless of their underlying economic fundamentals…
December 10th, 2008 | Puru Saxena | 4 comments | Continued
