The July 2021 edition of 'Netra' (our 'Early Warning & Signals' guide through charts) is out now!😎

Check out this thread👇 for the latest update.

If you want the full document, download it here: https://t.co/wkwXBkvafQ

Auto & Ancillaries generally outperform Nifty in most upcycles. Can this sector repeat the same? If it does, it will be quite an opportunity!

Download full deck: https://t.co/wkwXBkvafQ
Higher oil prices may not be all that bad, at least until they aren’t 'hurting'.

So the next time you see higher prices at the petrol pump, think about higher exports for India as a consolation.😑

Download full deck: https://t.co/wkwXBkvafQ
India's FX reserves are higher than its external debt. That makes India better-placed to withstand external vulnerabilities like a ‘Taper Tantrum’ & makes it a ‘Buy the Dip’ play on a tantrum.

Download full deck: https://t.co/wkwXBkvafQ
Income-inequality is a sticky & legacy issue in India. Crises causes the weak to become weaker & calls for a policy intervention.

More often than not, the best curve is faster growth, not redistribution!

Download full deck: https://t.co/wkwXBkvafQ
Credit growth has been declining for many quarters. Industrial credit has been contracting.

Are we at the cusp of a recovery? If demand recovers, we have a good chance. Financials will benefit immensely from this.

Download full deck: https://t.co/wkwXBkvafQ
Inflationists will tell you that bond markets are under the control of central banks. But are they really?

When was the last time the yield on Junk bonds became negative, while inflation & growth were rebounding? Never!

Download full deck: https://t.co/wkwXBkvafQ
Market-implied measures of inflation are better at indicating inflationary pressures than Central Bank rhetoric or economist consensus readings.

In fact, market participants have missed 3 decades of disinflation in developed markets!

Download full deck: https://t.co/wkwXBkvafQ
'Value' & 'Growth' styles have diverged over the last decade and COVID accelerated the trend towards Growth.

This divergence is now at a historic extreme. Buckle up!

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In the wake of the 2008 financial crisis, People Bank of China came out all guns blazing & kept firing for far too long! It is not repeating the same mistake again. This could have negative implications for commodities.

Download full deck: https://t.co/wkwXBkvafQ
Shortage of manufacturing labor is a leading driver for 'Robot' demand in China, met by imports from Japan.

Is it an indication of a new era of automation & artificial intelligence, causing unemployment?

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I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.