Tag «umesh shanmugam»
Al-Qaeda’s 22 Tips For Evading Drones – Umesh Shanmugam
This document is one of several found by The Associated Press in buildings recently occupied by Al-Qaeda fighters in Timbuktu, Mali. Written by Abdullah bin Mohammed, apparently with God’s help, with the goal “of disabling the new strategy of the American army at the medium or long-range levels,” through three methods: the formation of a …
CRUDE OIL DEMAND PICKING UP ON CHINA AND U.S. GROWTH – UMESH SHANMUGAM
Global oil demand this year is expected to accelerate at nearly double 2012’s pace as stronger economies in China, Latin America and the U.S. offset sluggishness in Europe, according to the Economist Intelligence Unit. Consumption worldwide will average nearly 91 million barrels a day in 2013, up 1.5% from about 89.7 million barrels a day …
Loss of momentum in Nifty needs to be noted for now – Umesh Shanmugam
S&P CNX Nifty (5,998.90): The Nifty is still trading within the confines of the bullish and bearish trigger levels of 6,150 and 5,940 respectively. The index drifted lower in the trading week ended 1 February, and closed below the psychological support of 6,000. Taking into account the recent price action, there is enough …
Why you should be betting against the rupee now…Umesh Shanmugam
If the Reserve Bank Governor made a bigger song-and-dance about the current account deficit (CAD) than inflation in his monetary policy of 29 January, there is a reason for it. The rupee is simply overvalued, given current inflation rate differentials between India and its main trading partners. And in a scenario where exports have been …
2013 Could Be An Ugly Year for BRICs: Umesh Shanmugam
As the global economy shows little sign of growth or improvement in 2013, it’s only natural for investors and economists alike to take a closer look at emerging countries, traditional sources of potential (if not extraordinarily risky) growth and profitability. Perhaps the most well-known of these emerging markets are the BRIC nations – Brazil, …
Crude oil Update: Umesh Shanmugam
Crude oil has been trading ways for the past year between the 2011 high and low. The trading range through 2012 has been contracting with a series of lower highs and higher lows. This pennant formation because it is taking place after an uptrend is a bullish pattern with $110 and possibly even $140+ per …
POSITION YOUR PORTFOLIOS BASED ON CHANGING MARKET TREND – Umesh Shanmugam
The trends are clearly changing for markets. What was relevant yesterday for markets is no longer relevant for markets now. You must focus on future trends rather than past trends to position your portfolios. Markets have changed course in just over a year. Equities from the S&P 500 to the Nifty that were being beaten …
Middle Class In America Is Being Wiped Out – Here Are 60 Facts That Prove It: Umesh Shanmugam
#1 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before. #2 As the middle class shrinks, more Americans than ever have been forced to become dependent on the federal government. Federal spending on welfare programs has reached nearly …
20 Facts About The Collapse Of Europe That Everyone Should Know – Umesh Shanmugam
The economic implosion of Europe is accelerating. Even while the mainstream media continues to proclaim that the financial crisis in Europe has been “averted”, the economic statistics that are coming out of Europe just continue to get worse. Manufacturing activity in Europe has been contracting month after month, the unemployment rate in the eurozone has …