It would have been easy if one had the ability to gauge the market ups and downs before even deciding to invest in stocks. But that’s not the case, as it’s not an easy task to decide what would happen to the stocks tomorrow. Even when the market is uncertain, there are certain ways […]
7-8% Growth In Medium Term Must For Sustainable Debt Path, Says NK Singh
Achieving 7-8 percent growth in the medium term is critical and central to move towards a sustainable debt trajectory, Chairman of 15th Finance Commission NK Singh. “Going to next year, we must not have that monotonic behaviour that it’s a base year correction,” he told reporters in Delhi today. “Important to see how sustainable it […]
The Difference Between Earned Income vs Passive Income
Knowing the difference between earned income and passive income can set you ahead of the crowd. Superior financial education is what separates the skilled investor compared to the unskilled investor. Wouldn’t you like to learn how financial education can help boost your chances at becoming more skilled at wealth creation? Check out these books on […]
Chinese Malls, Dependent on Restaurants, Face a Bleak Future
(Bloomberg Businessweek) — For decades, North Sichuan Road was Shanghai’s answer to Hong Kong’s Causeway Bay—a place where thousands shopped daily for everything including food and designer clothes. But that was before the new coronavirus. Now the local Printemps, a franchise of the glitzy Paris department store, has closed its doors, a nearby shopping center […]
The Fed Loves Main Street as Much as Wall Street This Time
(Bloomberg Businessweek) — Federal Reserve Chair Jerome Powell and his colleagues had a hard decision to make as the coronavirus epidemic worsened in February and March. If they stuck to the standard policy of buying only highly rated bonds, they would likely be accused of favoring Wall Street over Main Street—the traditional rap on the […]