Returning home could add to supply! Trump has rolled back the clock to pre-globalization era…. There can be no winners in this game! Trump is willing to lose both his eyes to blind one eye of those who dare!

I know many super rich Sindhi families that left everything behind to start from scratch and turned to multi billionaires in $ terms! They were pushed to run for their lives! Trump is now pushing H1B visa holders to run for their livelihood! Will US companies absorb the cost?

Top 1% owning 90% has become a universal “new-normal” in the era of capitalism, be it US or India! It couldn’t be different when top 10% countries own 90% of global GDP! Provision of social security to the masses will be required to prevent unrest when the gap gets widened!

And that it goes up most times shouldn’t make you complacent!

51:49 (Govt vs Foreign & Private) is a good combination!

Trump impact on INR is not going to reverse soon unless some big-bang measures & actions are taken by ReserveBankOfIndia to lag $ demand (of importers) and lead $ supplies (from exporters) till FIIs start getting back into India equities! Big-picture has now shifted to 87-90 from 85-88!

Yes, forward rate beyond 6M is trading over 90, but not attracting exporter’s appetite is worry while importers are ok to buy 3-6M dollars below 90! This is where ReserveBankOfIndia actions needed to reverse stakeholder’s sentiment & confidence to ensure spot stability at 87-90

Except Trump & advisors knew that recession & job losses are coming from Tariff impact on the US economy as counter impact to the hundreds of billions of dollars flowing into US Treasury through levies paid by exporting countries! FED stood ground to avoid worst impact!

Will USD/INR get aligned to weakening DXY? Will India debt capital market benefit from favorable inflation & interest rate adjusted yield differential? Will both combined ignite the much sought after rally in India equities? Good times ahead! linkedin.com/posts/moses-ha…

What a waste of resource? Sitting idle in homes & lockers! And pushing the Rupee down by widening the trade gap! A devil’s advocate view point because there is no free lunch!

It will work better if the Center makes the States to handle this (using the regional offices of ReserveBankOfIndia) to reduce their debt burden! The Center is in better position to manage debt than the States that tend to spend more on the vote bank!

India is now into the syndrome of “over 60 years depression and under 30 years frustration”! Young generation is either un or under employed while 60+ are forced to retire at the peak when they could contribute more till 75 years! Last quartile is for retirement!