Some of OptionPundit Readers from India shared with me about this big Housing Plan by Indian local government body called DDA (Delhi Development Authority). Similar to Singapore’s Housing Development Board (HDB), India’s DDA Flats are an affordable answer to the big middle class.
This was even more interesting as we saw gloomy housing starts data in [...]
Here is the big picture of the day based on top stories from several leading newspapers (WSJ, Reuters, Bloomberg, NYTimes, Financial Times). These are in no perticular order.
U.S. Economy Loses 533,000 Jobs. The job losses far exceeded expectations, as November saw the 11th consecutive monthly decline in nonfarm payrolls and the largest since 1974.
The debate over [...]
This 2 part series will cover recent market developments about Berkshire Hathaway, points to a strategy on how you may benefit more on the same trades he did recently and an option trading strategy that probably Berkshire uses for maximizing it returns on the underlying they find worth investing. Don’t forget to read the big picture [...]
It took almost 5 years of Bull markets for Auzzie $ to reach its peak against US$ and just 5months to give it all back. The picture is not so much different for British Pound as well. The once mighty US$ is back with full force, against all convetional wisdom and doomsday forecasts, and almost all [...]
Fed has cut the discount rate by 50 basis points to 1.75%, ECB also cut benchmark rates by 50 basis points from 4.25% to 3.75%; and the futures are up, triple digit (as of this writing). Here is a snapshot of what happened today in the Asian markets so far-
Japan’s Nikkei falls 9.4 pct in [...]
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