Alpesh Patel

MORNING BRIEF  The US Dollar continued to move lower yesterday almost across the board as investors are trying to hedge themselves from the chance that the US government might default on its obligations. Analysts predict that this is an extremely slim possibility since the US has never defaulted in the past but this doesn’t prevent […]

MORNING BRIEF The US Dollar traded lower against most of its peers yesterday as fears that the government shutdown continuing for the third day in the US will push Fed’s tapering into 2014. According to Fed President Rosengren, a voting member of the FOMC the shutdown might affect the inflow of data from the government […]

MORNING BRIEF It’s been a moderate session yesterday with no major developments in the currency market. Even though several sectors of the US government have been temporarily shut down after the Congress and the Senate failed to come to an agreement regarding raising the debt ceiling for federal spending the US Dollar held its own. […]

MORNING BRIEF Dollar plunges after US government shuts down for the first time in 17 years It is a rather uncommon morning today as for the first time in 17 years several parts of the US government have shut down after the Senate and the Congress failed to come to an agreement regarding raising the […]

MORNING BRIEF Dollar to remain under pressure as the US face a government shutdown This could prove to be a very interesting week for the currency market as we are potentially facing a not so common phenomenon. The talks in the United States about raising the debt ceiling for federal spending seem to go nowhere […]

You will recall the insider trading scandal involving Rajat Gupta, Board Member of Goldman Sachs, who disclosed confidential information following a Board meeting. Well I had lunch last week with Jim O’Neill, Chairman of Goldman Sachs Asset Management. Let me share not so confidential information from an intimate lunch at which Jim kindly served me […]

If you think the Government should spend more to revive the economy – in the way of a good old fashioned Keynsian – then you’re wrong. If you’re a supply sider thinking that monetarism and Reagonomics are the answer – you are wrong too. The answer for stocks lies elsewhere. Government spending is not impacting […]