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Recession Probabilities in Light of the Ever-Receding Recession

If no recession is forthcoming, what can we conclude, given most term spread models were signaling a “sure bet”? Unlikely outcome (it’s a probabilistic world!), breakdown in historical correlations, omitted…

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Expect More Houstons | Econbrowser

From Bloomberg: The winds that roared out of a supercell thunderstorm Thursday night leaving a deadly trail across Houston are on the rise in a warming climate, though researchers are…

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Private Nonfinancial Corporate Debt-Service-Ratio | Econbrowser

In yesterday’s post, I noted a recession forecast based on a probit specification incorporating a debt-service-ratio yielded a substantially lower probability for 2024M05 than a plain vanilla specification. Part of…

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Indian Navy embraces green initiatives

The Indian Navy has consistently demonstrated its commitment to environmental protection and green initiatives as a self-driven and responsible force. Being the guardians of the seas, the Navy operates numerous…

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Top-performing Small Cap Funds: 12 schemes with 20% to 33% SIP returns in one year

Best performing Small Cap Funds in one year (till June 2, 2023): Small Cap mutual funds continue to give impressive returns. Data on the website of the Association of Mutual…

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Rupee falls 29 paise to close at 82.68 against US dollar

The rupee fell 29 paise to close at 82.68 (provisional) against the US dollar on Monday, weighed down by the strength of the American currency in the overseas market. At…

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Publicis Worldwide India onboards Sumant Bhattacharya as EVP Strategy

Publicis Worldwide India (PWW), part of Publicis Groupe India has today, announced the appointment of Sumant Bhattacharya as its executive vice president, Strategy. As per the company, Bhattacharya will be…

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Sensex, Nifty settle higher for 2nd straight day as Reliance, ICICI Bank gain

Benchmark indices Sensex and Nifty closed higher for the second straight session on Monday, boosted by buying in index heavyweights Reliance Industries, ICICI Bank and M&M stocks amid a positive…

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