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Showing posts from September, 2017

What could cause a bear market - 2

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We are delighted to wish all our readers on the occassion of Durga Puja and Dussehra. The next issue of Morning Trekk will be published on 4th October 2017. Thought for the day "Injustice in the end produces independence." —Voltaire (French 1694-1778) Word for the day Monticule (n) A small mountain, hill or mound Malice towards none The court says, "a feeble No does not mean No." We may need a Pink 2. #MahmoodFarooqui First random thought this morning After NITI Aayog, the government has constituted another unaccountable body to advise it on economic matters. This is a pure advisory body and cannot be held accountable for any of its advice given to the government. The point is that why do we need such a body. PM could have called all these eminent economists, and many more, to meet over tea every month and give their suggestions regarding economic challenges being faced by the ...

What could cause a bear market?

Thought for the day "Weakness on both sides is, as we know, the motto of all quarrels." —Voltaire (French 1694-1778) Word for the day Tittle (n) A very small part or quantity; a particle, jot, or whit, e.g., H e said he didn't care a tittle . Malice towards none Next 15 months will test the resolve of PM Modi. Any sign of weakness on any front, may be punished severally. The feeling "anyone but Modi" is already sprouting in the dark forests. It needs to be nipped in the bud before it assumes ominous proportions and spreads to fertile lands. First random thought this morning The use of a wrong photo by Pakistan diplomat in UNGA has drawn attention of many. Most have ridiculed the endeavor as a botched attempt to malign India at global platform. It may be worth recalling that in the recent past there have been umpteen instances of similar goof ups by various political parties in India, including BJP a...

Enigma of inflation

Thought for the day "It is difficult to free fools from the chains they revere." —Voltaire (French 1694-1778) Word for the day Concatenation (n) A series of interconnected or interdependent things or events. Malice towards none Do the TV channels daily broadcasting sponsored programs of quacks and suspicious preachers have any moral right to speak against superstitions and malpractices prevalent in the society? Also do the newspapers carrying prostitution advertisement under garb of friendship clubs, massage services etc., should be heard on the matter of women exploitation? First random thought this morning Is it a mere coincidence or the current administration (both at center and state level) is making serious attempts to correct a number of distortions in the Islamic practices especially relating to mexploitation of Muslim women, like Triple Talaq, NIkah Halala, Nikah Mutah, etc.? Regardless of anything this i...

Whose history is it anyways - 4

Thought for the day "The art of medicine consists in amusing the patient while nature cures the disease." —Voltaire (French 1694-1778) Word for the day Oceanicity (n) The degree to which the climate of a place is influenced by the sea. Malice towards none Could Trump do to Kim what Bush Jr. did to Saddam? First random thought this morning It is surprising to see that investors who were bullish on Indian equities due to "strong macro" fundamentals, seem even more bullish at the prospects of fiscal profligacy in the form of fiscal stimulus (now that government has finally admitted to the deterioration in economic health of the country). The current account has already joined the weak spots of the economy category. Despite a "no show" for four long years (FY13-FY17), there are many who still feel earnings will present a gala show this year and the next. May the wolf come soon, while villagers are...

Whose history is it anyways - 3

Thought for the day "History should be written as philosophy." —Voltaire (French 1694-1778) Word for the day Clandestine (adj) Characterized by, done in, or executed with secrecy or concealment, especially for purposes of subversion or deception; private or surreptitious: Malice towards none Should we assume that Jadeja is now a "test only" player!! First random thought this morning It is commonly said that if you want to understand the immediate concerns of a society, you should watch most popular cinema and TV news. Going by this adage, I find the following as most pressing problems of Indian society this morning: Rohingya refugees; Honeypreet Singh; Safety of school kids; ceasefire violation by Pak; Petrol prices; erectile dysfunction; open defecation. Whose history is it anyways - 3 When a politician in power says that Mughals were plunderers who looted India, it is not just the mispla...

Whose history is it anyways - 2

Thought for the day "Who serves his country well has no need of ancestors." —Voltaire (French 1694-1778) Word for the day Masscult (n) The forms of culture, as music, drama, and literature, as selected, interpreted, and popularized by the mass media for dissemination to the widest possible audience. Malice towards none Legendary Khushwant Singh loved to use the word Ch****a in his literary works. Anyone coming from Cow belt would wonder what's in it to get offended about! First random thought this morning Mother Narmada had been particularly kind to our prime minister Shri Narendra Modi. Her waters played a large role in acceleration of Gujarat growth in past decade or so. The double digit agriculture growth was not possible without her water. The wealth effect created by the appreciation in land value and consequent construction boom also added materially to the world famous Gujarat story. ...

Whose history is it anyways!

Thought for the day "The wise man does not rest by the roadside inns." —Swami Sivananda (Indian, 1887-1963) Word for the day Gramarye (n) Occult learning; magic Malice towards none PM Modi invited his friend Shinzo Abe directly to Ahmedabad, to keep him away from RaGa's charm!! First random thought this morning "Human nature will not change. In any future great national trial, compared with the men of this, we shall have as weak and as strong, as silly and as wise, as bad and as good. Let us therefore study the incidents in this as philosophy to learn wisdom from and none of them as wrongs to be avenged." Abraham Lincoln  (in the context of The American Civil War of 1861-1865) Whose history is it anyways! A couple of days ago, the deputy CM of UP Shri Dinesh Sharma reportedly emphasized that Mughal emperors were not our ancestors but looters and the Uttar Pradesh government would change t...

Red flags - 6

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Thought for the day "Desire is poverty." —Swami Sivananda (Indian, 1887-1963) Word for the day Antinome (n) A logical contradiction. Something that is contradictory or opposite to another. Malice towards none Our TV journalist are certainly far superior investigators than any of the government agencies. They can solve most of the crimes within hours. Sir Sherlock Holmes would be truly proud of them! So are we! First random thought this morning This we all know that most Socialist leaders in the country have come from very humble socio-economic background. For example, MSY was apparently a school teacher and Lalu Yadav was a clerk in Bihar Veterinary College. What business did these socialist do, besides full time politics, to amass such tremendous wealth in past 3 decades? Why should it take 10-15yr for enforcement agencies to find the source of their wealth? I guess a trainee accountant can...

Red flags - 5

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Thought for the day "Thinking of disease constantly will intensify it." —Swami Sivananda (Indian, 1887-1963) Word for the day Vamoose (v) To leave hurriedly or quickly; decamp Malice towards none Will nature's fury and fire make Trump rethink his stance of Paris deal? First random thought this morning People arguing for TINA favoring Shri Narendra Modi in 2019, appear totally convinced about the inability of Shri Rahul Gandhi and other Congress leaders to lead an effective government. Incidentally, most of these people also strongly believe that the UPA government was controlled and directed by the Gandhi family from behind the curtains. Keeping the errors of omission & commission and multiple acts of corruption committed by various individuals aside for a minute, I would like to know what Policy Disaster was committed by the UPA government controlled and directed by the Gandhi family. If you can...