Ritesh Jain
Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai
He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and financial issues.
More stimulus = Worse growth
ET CONTRIBUTORSAn abundance of research tells us that as government spending increases, an economy suffers worse economic growth measured by real GDP per capita.
Incrementum report is very widely read across the investing world
ET CONTRIBUTORSIncrementum reiterates price target for gold at $4,800 by the end of the decade. In the event that inflation rises more sharply, gold could rise to $8,900. With the monetary climate change that we are witnessing this year, the risk of inflation is growing visibly.
Big day for “Big Oil” this week
ET CONTRIBUTORSI believe we can see new all-time high oil prices in the next couple of years.
Corporate profits have already stagnated in the US.
There has been zero real profit growth for the aggregate economy in nine years. This long-term trend ties into persistently weak investment and growth.
ET CONTRIBUTORSObviously, profits have been monopolized and investors should be laser-focused on investing only in those companies.
Bond market is also sending the same signal
ET CONTRIBUTORSIs world GDP starting to roll? Latest activity data to late-May 2021 is in line with the global liquidity (crossborder capital).
