How many Securities and Exchange Commission chairs can you name? Even in Washington it is hard to imagine a passer-by being able to come up with more than one. Perhaps the best known is Joe Kennedy, the sec’s first chairman, who took office during the Depression when Americans had lost faith in markets and were … Read more
Financial constraints are a reality for many at some point in their lives. In challenging times, taking out a loan can provide temporary relief. However, this can sometimes lead to a more significant problem known as a debt trap. What is a debt trap? A debt trap occurs when you take on new debt to … Read more
In recent sessions, the Chinese stock market has experienced a significant resurgence, outpacing all major global indices as investor demand for Chinese stocks surged to new heights, driven by the government’s stimulus measures. These initiatives have attracted investors back to one of the world’s most heavily-battered markets. The CSI 300 index, which had plummeted by … Read more
HDFC Bank is set to revise its loyalty program for select credit cards, with changes taking effect on October 1, 2024. A key update involves limiting the redemption of reward points for Apple products to one item per calendar quarter through the Smartbuy platform. Specifically, HDFC Bank will allow customers to redeem points for only … Read more
Yet the headline of this article seems contradictory and misleading. I assure you it is not. I am as bullish as ever on bullion, and this piece offers a rational look at how financial markets are expected to price assets in 2025. It is a known fact that prices seldom move in a straight line. … Read more