World Matrix-Destruction of capital worldwide has made the rest of it shy away

Friends, Bernanke’s team may announce lowering of bench-mark rate to 1 pc, it will be lowest since May 2004. His other tools would be to purchasing securities directly from treasury and that way injecting a dose of cash in to economy. Fed balance sheet size will grow at good pace as it has been lending

World Matrix – Former US Fed Chief never estimated that the crisis will be so big

Friends, Former US Fed Chief spoke yesterday that he never estimated that the crisis will be so big. He said that while he had some idea about that there is overplay but could not fathom the depth of it. In hind sight it may seem that some thing could have been or should have been

World Matrix – Deliver the financial system of America out of woods

Friends, Finance Secretary Paulson and FED Chief have been on air declaring that they have commitment to deliver the financial system of America out of woods. The President’s team has no confusion and it is showing too. The DOW futures index is up by good 300 pts. DOW would be in the vicinity of 10000,

World Matrix – The fear factor in markets

Friends, The fear factor is responsible for the 50 pc of slide in markets since the position exactly an year back for most markets in the world. The down turn in industrial fortune accounts for 25 pc of the slide and the rest 25 pc is on account of the turmoil in financial markets. Now

World Matrix – Advantage India

Friends, The US President announced last day from the public platform and in no uncertain terms that the financial crisis will be set right, come what may. He meant to convey that the govt is besieged of the problem and has planned to take comprehensive action along with the G7 nations and also under consultation