General Trading Chat

[Dr. Jan Itor]

Twist in the tale - the rich may join Robinhood...
U.S. Stocks: Fed sees rates near zero through 2023 to boost jobs, prices
The most important point is that the Fed will keep policy accommodative for as long as it take to bring the hardest hit workers back.

https://www.financialexpress.com/in...ro-through-2023-to-boost-jobs-prices/2085380/

 

[timepass]

Twist in the tale - the rich may join Robinhood...
U.S. Stocks: Fed sees rates near zero through 2023 to boost jobs, prices
The most important point is that the Fed will keep policy accommodative for as long as it take to bring the hardest hit workers back.

https://www.financialexpress.com/in...ro-through-2023-to-boost-jobs-prices/2085380/

How does it bring the workers back ?

 

[Dr. Jan Itor]

How does it bring the workers back ?

I think he is hoping for a virtuous cycle... easy money - more spending - more demand - more supply - more capacity expansion - more jobs - more money - and so on... unko kya pata ki instead, sab Happiest minds mein paisa laga rahe hai...

 

[timepass]

I think he is hoping for a virtuous cycle... easy money - more spending - more demand - more supply - more capacity expansion - more jobs - more money - and so on... unko kya pata ki instead, sab Happiest minds mein paisa laga rahe hai...

Sounds like another Act of God scenario; what, in India, we call Rambharose.

 

[travi]

Sounds like another Act of God scenario; what, in India, we call Rambharose.

Like the strong recovery on DOW today

 

[timepass]

Railway privatisation a win-win situation, says Niti Aayog CEO Amitabh Kant
“It is like when private banks were set up in India. So many private players started participating in the banking sector. But that didn’t lead SBI to shut,” Kant said on the privatisation of the railways.
https://www.hindustantimes.com/indi...mitabh-kant/story-8CpqZBm98awloA6vViy20H.html

Looks like Mr. Kant is not familiar with the realities of bus and air travel. Comparison with Banks is comparing apples and oranges.

 

[timepass]

Short TaMo ?? The Tata group stocks have kept the index up in last few days.

Shapoorji Pallonji group slaps notice on Tata Sons board for blocking fund raising
3 min read . Updated: 17 Sep 2020, 08:07 PM ISTJayshree P. Upadhyay
Shapoorji Pallonji Group termed the move by Tata Sons to block fund raising against Mistry group’s shareholding in Tata Sons as 'oppressive'

https://www.livemint.com/companies/...for-blocking-fund-raising-11600352992569.html

 

[siddhant4u]

Railway privatisation a win-win situation, says Niti Aayog CEO Amitabh Kant
“It is like when private banks were set up in India. So many private players started participating in the banking sector. But that didn’t lead SBI to shut,” Kant said on the privatisation of the railways.
https://www.hindustantimes.com/indi...mitabh-kant/story-8CpqZBm98awloA6vViy20H.html

Looks like Mr. Kant is not familiar with the realities of bus and air travel. Comparison with Banks is comparing apples and oranges.

if only Niti Aayog compared it with other countries railways system which is private to talk if its good or not.

 

[marimuthu13]

Railway privatisation a win-win situation, says Niti Aayog CEO Amitabh Kant
“It is like when private banks were set up in India. So many private players started participating in the banking sector. But that didn’t lead SBI to shut,” Kant said on the privatisation of the railways.
https://www.hindustantimes.com/indi...mitabh-kant/story-8CpqZBm98awloA6vViy20H.html

Looks like Mr. Kant is not familiar with the realities of bus and air travel. Comparison with Banks is comparing apples and oranges.

comparing apples with lemons...

 

[siddhant4u]

comparing apples with lemons...

they did this earlier as well. when (pre covid) economy was down, govt minister said there is so many people going to Movie hall and flying in domestic flights. Ironically both sectors are now dead.

edit: it was Ravi Shankar Prasad - from news article - "The minister pointed that the three movies, released on Gandhi Jayanti, Joker, War and Sye Raa Narasimha Reddy collectively made Rs 120 crore on a single day. He said this showcased the “soundness” of Indian economy. "