Ritesh Jain is Director and Strategic Advisor, Eastern Financiers and Economic Advisor, Old Bridge Capital. The Calgary, Canada-based Jain is also a global macro investor and Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai
He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and financial issues.
Brave New World: Where is gold headed?
'The amount of distressed debt in the US has quadrupled in less than a week to nearly $1 trillion, reaching levels not seen since 2008 as the collapse of oil prices and fallout from the coronavirus shutters entire industries across the globe.'
Where's the price of gold headed? Just follow the Fed's balance sheet.
Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures global macro investment opportunities and economic, business and financial trends with charts and commentaries in this space.
'The amount of distressed debt in the US has quadrupled in less than a week to nearly $1 trillion, reaching levels not seen since 2008 as the collapse of oil prices and fallout from the coronavirus shutters entire industries across the globe.' US energy stocks are weaker than they have been since the Great Depression relative to the broader S&P 500 We were in Disinflationary boom for long time. What next?
If we are headed for inflationary boom look at Asia outperforming in next few years Where's the price of gold headed? Just follow the Fed's balance sheet. The most bullish price target on Tesla
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Latest trade data shows that global economy was not in such good shape going into coronavirus shock, HFE highlights. Global exports and global industrial output was crashing in Jan, the month before the wheels came off the bus.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
