AKG weekly charts - Issue #124
This newsletter is a weekly selection of 10 charts hand-picked across the internet which pertains to our investment strategy and bring an updated insight and perspective.
I wish you a very happy, healthy, joyous, content, successful, peaceful and prosperous Christmas and new year. Next edition of #AKGweeklycharts will be published on 8 Jan, 2024.
[1] Sugar prices are near one year low….
[2] Fed dot plot from Dec meeting implies 4 rate cuts in 2024. Risk on rally continues! Source : BBG
[3] Chinese growth slowdown started with the Real Estate sector and Evergrande bankruptcy. Is this the bottom? If yes, will we see rotation into China based on valuations?
[4] Indian Respondents were fairly optimistic about the year ahead prospects for the general economic situation, employment, income, and spending; even though the future expectations index (FEI) moderated marginally from the previous survey period. Source : RBI Survey
[5] Nifty is now trading 10% above 200dema. Will it retrace like 2/3rd of the previous occasions? (See our detailed note here)
[6] Cause & effect: explosion in renewable diesel production resulted in an explosion in soybeans oil prices (see detailed post here).
Invest in clean energy strategy on Smallcase here
[7] The current yield curve inversion reached the same depth as 1928. Let that sink in. Party continues. All izz well in US! <insert sarcasm expression>
[8] Global Rate Cuts expected to outnumber Rate Hikes next year for the first time since 2020.
[9] India’s water purifier market is at 40bn at present and poised for rapid growth. Few pure-play listed players in Indian market for this!
[10] Anti-national chart? Pakistan equities buying highest in 4m. Point is, at a price, even the junk looks Gold.
Don’t bet too aggressively on China outflows coming to India overnight. It will be a slow (but sure) trickle rather than tsunami.
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Nov’23 review of FC Strategy - Special Situation and Wealth compounders
Disclaimer:
This newsletter is for information and educational purposes only. In this material, Amit Kumar Gupta (SEBI registered Research Analyst, INH100009327) has used information that is publicly available and is believed to be from reliable sources. While utmost care has been exercised, the author does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. Readers, before acting on any information herein should make their own investigation & seek appropriate professional advice. Any sector(s)/ stock(s)/ issuer(s) mentioned do not constitute any recommendation and the RA may or may not have any future or existing position in these. All opinions/ figures/ charts/ graphs are as on date of publishing (or as at mentioned date) and are subject to change without notice. Any logos used may be trademarks™ or registered® trademarks of their respective holders, our usage does not imply any affiliation with or endorsement by them. Past performance on charts may or may not be sustained in the future and should not be used as a basis for comparison to infer any investment ideas