A scary graph. Basically, as per a proprietary JP Morgan indicator, markets are high up in speculative territory. How high? A level last seen around end of 2007. Hedge funds had started showing trouble in the US since mid 2007. Our own markets had the crash after the Reliance Power IPO in January 2008. Speculators […]
Understanding debt and equity with the help of mangoes
Many of us have heard the terms, equity and debt. But do you really know what they mean? This article will explain their meaning in 10 minutes. Once you understand this, you will be much better placed to understand various equity and debt investment products that are available including equity mutual funds, debt mutual funds, […]