INSUBCONTINENT EXCLUSIVE:
Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures global macro investment opportunities and economic,
the European Union member countries, cost more than 5 times conventional energy, and almost certainly will have risen again last year, has
already meant more central control either through subsidies, regulations, or monetary policy
weight of money to close those value gaps
With the end investor unable to justify paying the higher active management fee, more money goes over to passive, making the economics even
more compelling until everything is passive, governed only by the pace at which the central bank is expanding money supply
stock repurchasing and dividends.
Shipment volumes in the US by truck, rail, air and barge fell 7.9 per cent y/y in December, the 13th month
in a row of y/y declines and the steepest since November 2009
Celadon Group, with 2700 tractors and 3000 drivers was a casualty, the largest truck loader ever to file for bankruptcy in the United States
Intermodal rail volumes were down 9.6 per cent
Total freight expenditures across all modes of transport fell 6.2 per cent y/y
undervalued are the miners ($GDX) to gold? Last 3 times gold traded @ $1550/oz:
6/2011: GDX was $52
4/2013: GDX was $34
Today: GDX is
