CAGR Insights is a weekly newsletter full of insights from around the world of web.
| Index | 22-Mar-24 | 15-Mar-24 | Change |
| Nifty 50 | 22,097 | 22,023 | 0.33% |
| Nifty 500 | 19,995 | 19,825 | 0.85% |
| Nifty Midcap 50 | 13,330 | 13,346 | -0.12% |
| Nifty Smallcap 100 | 15,057 | 14,847 | 1.41% |
Gyaan Ki Baat
In the latest FOMC meeting concluded on March 20th, the Federal reserve decided to keep the interest rate steady. You would also have read articles saying that the dot plot still indicates that 3 rate cuts are on the table for 2024.
But, what is dot plot? And What is its implication?
It’s almost certainly the most closely scrutinized scatter chart in world financial markets.
The “dot plot” shows projections for the federal funds rate … a key short-term interest rate that can affect savings yields and consumer loan rates.
Each dot represents the view of a Fed policy maker for the rate’s target range at the end of each year shown. Markets generally focus on the median “dot” or projection.
The Federal Monetary Policy Committee meets eight times per year. In conjunction with four of those meetings—those held in March, June, September, and December—the committee releases its updated dot plot.
Think of the dot plot as a transparent window into the Fed’s individual guesses. You can use it to better understand what the Fed is currently thinking and what it might do in the next FOMC meeting. Read more.
Here’s the list of curated readings for you this week:
Personal Finance
- Insights on Investing, Optimism, and Intuition – Larry Siegel, CFA Institute Research Foundation director, discusses the importance of optimism, intuition, and education in investing during an interview with Morningstar. Read here.
- Unraveling the Time Zones of Microcap Investing – Early investments in microcap turnarounds require patience, conviction, and a willingness to hold through initial skepticism for long-term growth potential. Read here.
- Maximizing Efficiency – Navigating the complexities of task management and productivity strategies while emphasizing the importance of prioritization and maintaining operational capacity. Read here.
Investing
- SBI’s Smallcap Scheme Defies Market Rout – Despite having the most illiquid portfolio, it experienced the least damage to Net Asset Value during the recent small-cap market downturn. Read here.
- Mumbai’s Real Estate Outlook – The Mumbai real estate market faces challenges including excessive competition, inflated prices, and a shift towards branded players and payment plans amidst a slowdown in luxury sales and moderation in project acquisition. Read here.
- Nvidia: Leading the Innovation Revolution – CEO Jensen Huang’s vision and persistence have positioned Nvidia at the forefront of AI development, with its GPUs and platforms driving breakthroughs in robotics and automotive technology. Read here.
- Baskin Robbins’ Market Expansion Tactics – Expanding its presence in the Indian market by targeting premium hotels, diversifying its offerings, and leveraging synergy with Dunkin’ to enhance customer appeal and accessibility, contributing to its success. Read here.
- India’s Capex Boom – The rising prominence of PLI and emerging sectors in capex, driven by EVs, semiconductors, and electronics, underscores the importance of incorporating these themes into investment strategies for disruption-proof portfolios. Read here.
Economy
- From Lifelines to Vanishing Relics of History – Rapid urbanization and neglect led to the demise of Bengaluru’s once-thriving cascading lakes, which were essential for the city’s water needs and livelihoods. Read here.
- Tracing the Paths of Growth and Struggle – India’s economy faces a dual challenge of sluggish growth and widening income disparities aggravated by structural issues and global economic uncertainties. Read here.
- India’s Billionaire Boom – The wealth concentration among India’s top 1% has reached its highest level in six decades, surpassing even the income inequality of countries like Brazil and the United States. Read here.
- Japan Ends Era of Negative Rates – In an unprecedented move in 17 years, Japan’s central bank raised interest rates, reflecting shifting economic conditions. Japan’s central bank raises interest rates for the first time in 17 years amid rising wages and inflation concerns. Read here.
- Reservoir Levels Hit Five-Year Low – India’s main reservoirs hit lowest March levels in five years, raising concerns over drinking water and power availability. Read here.
- India’s Rise to Upper-Middle Income – India’s expected transition to an upper-middle-income country by fiscal 2031 could significantly boost demand for discretionary goods like automobiles, driven by rising incomes and a shift in consumption patterns towards non-essential items. Read here.
****
Check out CAGRwealth smallcase portfolios here.
****
That’s it from our side. Have a great weekend ahead!
If you have any feedback that you would like to share, simply reply to this email.The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information outlined in this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated in this newsletter.