The week begins in uncertain global conditions

Monday, July 18, 2011

Monday deserves another chance

Though with dull broodings from last week continuing there was nothing new to the week when it begun today. And a dull Monday has become quite commonplace with facebook being the leitmotif of the current generation. The adventures of the Euro peripherals and its banks having already been quite overdone last week itself and India's results season had nothing going for it. Also hostile conditions keep tempting me to preemptively convert all storylines to daily journals of my brushing , my other chores and even the supermarket ride instead of trying to  earn myself, and in fact with lot of freeloaders circulating like old bad air in my A/C, it is equally probably right now as I have a chance of making big too. 

But then unsurprisingly, the ETNOW bulletin took it away foir Monday. With Andrew Ross Sorkin opening Squawk box, Reuters Insider has to work harder and I have to make more perceptive analyses to get read while ET and CNBC US coast on blue eyed forecasters..and CNBC India continues to stay mid capped about the current market run(!?)

Important changes are underway..

Firstly after squeezing modern retail and after planning it since inflation reared up 12 months agao, retail lifestyle companies started cutting serving sizes led by Nestle trying to keep margins healthy on its Maggi Noodles with a 20% price cut..

CEOs of Biocon and others swinging guitars was also quite an awakening for this dull week.

In the US, as always, banks are crashing, debt deals are stuck and in Europe the Euro has become nearer to a United States of Germany coinage with private investors in tow as stress tests show up a gap of $25 bln based on the rather transparent sharing of data by EBA and Andrea Enria. With two Italian Directors on ECB board incl Commissionaer Mario Draghi and EBA's Andrea, Europe seems to be reverting to a subcontinent's favored nephews and uncles model of governance to rebut Moody's after just one big overstep by the ratings company too..

Critically, BJP's Sushil Modi took over as head of the GST panel. Being forom BJP his buy in probably ensures the FM's goals of bringing home the DTC and the GST will finally be realised.

Posted via email from The investment blog on Post

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