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Will the Volcker Rule work?
The Volcker rule, the centre piece of the benchmark “Dodd-Frank Act”, was passed in December this year and is widely expected to impact financial institutions all over the world and particularly the US. Named after Paul Volcker, the former Fed Chairman, the act reinstates many provisions of the erstwhile Glass-Steagall Act. The Background The Glass-Steagall Act of 1933 was […]
Fed Tapering : Why markets are bound to correct?
US Federal tapering seems to be a new buzz word. This led to markets correcting on 20th August 2021 with the Indian stock exchanges correcting by 300.17 points (BSE) and 118.35 points (NSE). Globally as well the stock exchanges such as Hang Seng, Shanghai Composite and Nikkei shrunk by over 1%. As investors, this may be just the beginning of […]
