Let the tailwinds blow! What a week it has been for the markets, plenty of action to keep us on our toes. First, the Federal Reserve kicked things off with a 50-basis point rate cut, like throwing a party for borrowers. Not to be outdone, China just dropped its biggest stimulus package since 2020, proving…
Transcendental Meditation is not a religion
“Is Transcendental Meditation (TM) a religion”? I have been asked this question many times. Well, certain people may perceive the TM program as religious rather than scientific due to its association with terms like “meditation,” “pure awareness,” and “transcendence,” or because it was introduced from India by a teacher with a monastic background. However, philosophers…
Beyond the headlines
Mm-hmm, criticism from the West toward China is practically a global hobby. Even during the recent Olympics, when China raked in the gold, many Western commentators could not resist the urge to take a jab or two. Ironically, a lot of these critics, including some of my partners in the US, have never even set…
Crude debate
Earlier this morning, a Bloomberg article, unexpectedly, sparked a debate among my team partners about whether to funnel more cash into the oil trade in our macro portfolio. We have already got some skin in the energy game through an alternative trading program that has been performing right on cue, no surprises there, just steady…
Back to school
Everyone is feeling stressed these days. Concerns range from financial issues and raging inflation to local politics and family-related tensions. We all need ways to calm down that do not involve abusing alcohol or medical prescription. Work is another major source of stress. The American Institute of Stress reports that 86% of US workers experience…