Category: Financial Markets

History has always fascinated me, but to my utter dismay we have failed to learn from it. Time and time again throughout history we have had catastrophic pandemics that have not only wiped out millions of people from the face of this earth but more importantly have left major dent on global economies and financial… Continue reading A walk back into the past

While the global economy was still recovering from the wounds afflicted by the Financial Crises of 2007-08, coronavirus has come as a “black swan” and has dealt us another blow. It has just exacerbated our pain by sprinkling salt on to our pre-existing wounds. As I write, all I see is bloodbath in stock markets,… Continue reading Black swan and the global economy

Mia culpa. Yes, I am late to the party. Most of my peers in Pakistan have already published their 100+ page reports on the outlook for 2020. All are bullish  – with the KSE100 Index forecast range of 47,400 – 55,000 for December 2020. No rocket science, or rather any sort of science, there. The… Continue reading 10 For 20 – My Predictions For 2020

Dear Friends,  I got back to Karachi on Saturday. Over the last weekend, my colleague Faisal Irfan and I tracked the balance sheets of the top 30 companies which are a part of the KSE30 Index. In a typical growth market with high ROEs, an optimal balance sheet should have high leverage. However, we were… Continue reading Macro Blog: Breaking The Balance Of Payment Trap