Wednesday 17 February 2021

 The Blissful Rest Lies In Peace 

Wishing A Peaceful Day Ahead


Best Regards 

Arbind


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Macro Economic News 17 Feb 2021


The central bank officials are acknowledging that the economies are still disrupted by the pandemic but most of them are ruling out any threat arising out of rising inflation. 

Over the last year the food prices - from cheese to cherry - are rising across world, however it seems within policymakers’ comfortable limits. 

The asset size of crypto currencies are enhancing with the representative Bitcoin trading at $50000 level. 

European nations are still struggling to  wean the economy off the double dip recession and the ECB is concerned about any long term impacts. 

Switzerland method of taxing wealth, which contributes the largest share of govt revenue, is a real and rare example of taxing asset is more effective - although it’s also facing criticism. 

The reflation trade is attracting attention and momentum with the rising yield on the benchmark 10-year paper.  

As Indian economy is climbing to its normalcy, a very effective indicator of the same, movement of good across the country is rising and in certain cases it has risen to the record.  

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