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linkhttps://www.chartstalk.in calendar_today14-12-2021 11:12:53

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Uday Kotak (@udaykotak) 's Twitter Profile Photo

US inflation 8.6% year on year. Monthly inflation 1% ie 12% annualised! Cannot believe average Fed funds rate still below 1% pa. Massive catch up needed. Let’s remember that when US sneezes the world catches a cold.

Uday Kotak (@udaykotak) 's Twitter Profile Photo

Federal Reserve Chairman Powell finally spoke firmly to fight inflation. Reminds us of Paul Volcker who broke the back of US inflation in 70s/80s. Watch out for Quantitative Tightening ( QT). US rules the financial world. Opiated markets will wake up and smell the coffee!

Uday Kotak (@udaykotak) 's Twitter Profile Photo

Proud moment for India to pip UK, our colonial ruler, as the 5th largest economy: India $3.5trn vs UK $3.2trn.But a reality check of population denominator: India: 1.4 bn vs UK.068 bn.Hence,per capita GDP we at $2,500 vs $47,000. We have miles to go…Let’s be at it!