While nominal GDP last year,FY 21-22, grew by 19%, money supply came down sharply to 9%. Last year we had the reverse. Combining the two pandemic years, FY2020-22, nominal GDP saw an increase of 18%, and money money saw a growth of 21% - so money supply growth has exceeded nominal GDP growth but within a reasonable measure.
Tuesday, 17 May 2022
Saturday, 14 May 2022
Monitoring the Bull Market in Indian Stocks: April 2022
See my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether the market is cheap or expensive, and my monthly blogs on this subject.
Friday, 13 May 2022
India Market Map: April 2022
Foreign Exchange
Stocks
Government Bonds
Gold
Money Market
Policy Rates
Bank Deposits
Public Provident Fund
Post Office Deposits
Home Loans
Real Estate
Wednesday, 6 April 2022
Monitoring the Bull Market in Indian Stocks: March 2022
The ratio of market cap to GNP has stayed above 100% for over a year now. Even during the stock market boom of 2002 to 2008 this did not happen although the extreme this indicator reached then was about 150%, something we have not seen as yet in the present phase.
See my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether the market is cheap or expensive, and my monthly blogs on this subject.
India Market Map: March 2022
Foreign Exchange
Stocks
Government Bonds
Gold
Money Market
Policy Rates
Bank Deposits
Public Provident Fund
Post Office Deposits
Home Loans
Real Estate
Saturday, 5 March 2022
India Market Map: February 2022
Foreign Exchange
Stocks
Government Bonds
Gold
Money Market
Policy Rates
Bank Deposits
Public Provident Fund
Post Office Deposits
Home Loans
Real Estate
Monitoring the Bull Market in Indian Stocks: February 2022
See my blog of July 9, 2014 for the original note on using TMV/GNP ratio to gauge whether the market is cheap or expensive, and my monthly blogs on this subject.
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