Dear Money with Moumita Paul: Recent Episodes
Moumita Paul
A podcast on personal finance and investment for the non-finance enthusiast. There are no short cuts to making wealth. Every episode has tips and takeaways to make saving-investing easy and fun. Everything is around the Indian economy. The podcast also features guests who are money experts. Podcast is available across major platforms. Moumita Paul has 12+ years of experience as an economic researcher and a teacher. She has worked with well known companies. Her work has been published by prominent journals. Do you want to talk to Moumita on the show? Email to ps.moumita@gmail.com
Inflation in US is 8.2%; inflation in India is 7.4% and more news about all economic developments. In today’s special topic I talk about investing during periods of high inflation. Keep listening.
US job market remains strong, ISM data also pointing to economic recovery in US. Rupee touches 82. In today’s special topic I will talk about how to how the falling rupee affects your investments. Keep listening for more.
Latest US inflation data shocks the markets. Global economies nosedive following selloff in the US markets. in today’s special topic I talk about the cost one has to incur if the person wants to switch or sell his mutual funds. Keep listening for more
India’s CPI inflation touched 7% again in August and industrial production growth in July falls to low single digit. In today’s special topic I discuss the pros and cons of holding mutual fund in demat account. Keep listening for more.
“Good guys finish first – and Adam Grant knows why. The book is the smart surprise that you can’t afford to miss” . This is Daniel Gilbert’s review about this book. Keep listening for more.
The link to Adam Grant's quiz on giver or taker?
https://adamgrant.net/quizzes/give-and-take-quiz/
Inflation in US remains a big concern. More rate hikes coming. China announced another stimulus package to revive economic growth. The special topic in this episode is whether the LIC endowment policies are good investments. Keep listening for more.
To know more about XIRR, check out episode 33:
https://open.spotify.com/episode/2k4wWJwtNqwy3dhlvKezpZ?si=dAIZx4xISMOmLN59H6si3A
“The secret of happiness is variety, but the secret of variety, like the secret of all spices, is knowing when to use it.” Keep listening for more.
Links to Gilbert's Ted talks:
https://www.ted.com/talks/dan_gilbert_the_surprising_science_of_happiness
https://www.ted.com/talks/dan_gilbert_why_we_make_bad_decisions
https://www.ted.com/talks/dan_gilbert_the_psychology_of_your_future_self
More rate hikes are coming as per the minutes of the RBI’s monetary policy. Inflation in UK rises above 10%. In today’s special topic I talk about if you should invest in the Sovereign gold bonds scheme. Keep listening for more.
Everyone wants to be happy. Almost everyone wants to live as long as possible. But how to achieve happiness and a long live. Is there a way? Few people in Japan seem to have found the right cocktail to live long and live happy. Keep listening for more.
US inflation moderated in July. In UK GDP growth is negative in second quarter and more economic news. In today’s special topic I will talk about how who should invest in ELSS.
‘Why dealing with cash makes us more honest? Why a 50-cent aspirin can do what a penny aspirin cannot? Keep listening for more
RBI increased the policy rate by 50 basis points. Bank of England also raises interest rate by 50 basis points and warns of a long recession ahead. Today’s special topic is XIRR as why it is the most accurate method to calculate the returns from an investment.
The US has entered a recession. The US central bank continues to increase its policy rates to bring down inflation. Last week, it raised its rates by 75 basis points. Also in today's episode we talk about active versus passive investing. Happy listening.
The government of India reduces excise duty on petrol and diesel. The minutes of the FOMC meeting provide relief to the markets, no 75 basis point rate hike in the next 2 policy meetings. Keep listening for more.
The RBI is likely to front load the rate hike cycle. The US Fed chair Powell wants to raise policy rates, if required aggressively to control inflation. China has reduced the medium-to-long term interest rates to revive economic growth. Keep listening for more.
Inflation in US continues to remain above 8%. Now, India’s inflation is touching almost 8%. Markets in India and US remained very volatile and ended mostly in red last week. Keep listening for more.
RBI surprised the market by announcing a sudden increase in its key policy rate. The Fed announced its policy rate rise in the next 24 hours, which was expected. The Bank of England has warned about double digit inflation. Keep listening for more.
After Russia cut off gas supply to 2 European nations, the tension between Russia and Europe is escalating. Crude prices rallied last week. The lockdowns in China is slowing down economic growth. This may keep commodities under pressure. Keep listening for more.
Due to the crisis in Ukraine, the global growth will be lower this year, as per the reports of the international organisations. The flash PMI estimates are showing mixed trends in US and Eurozone. Inflation in India remains a big concern. Keep listening for more.
Monetary policies in three developed countries - Canada, New Zealand and ECB show that the world is grappling with inflation worries and the central banks are increasing rates quickly (except ECB who is still maintaining an accommodative policy). The high CPI inflation number in India throws up fresh challenges for the RBI. Keep listening for more.
The monetary policy minutes of the ECB and the Fed show that inflation is keeping the policymakers worried. While the Fed has decided its course of action, the ECB is still uncertain about the need of the interest rate hike. Back in India, the RBI's MPC members are showing maturity while they slowly increase the interest rates in the economy. Keep listening to know the new policy tools adopted by RBI.
The impact of high and volatile crude prices is visible in the US and Eurozone inflation numbers. China is being hit by the rising number of cases. In India, petrol and diesel prices are being raised every alternative day. Where does it end? Keep listening for more.
The first few indicators of March are out. While the confidence is down because of inflation worry, the economic activity has not been as impacted as the market was expecting. Keep listening for more.
Last week there were monetary policy meetings in Japan, China, US and UK. The impact of the war is evident in all of the meetings, and there has been revisions in the inflation and growth estimates in US and UK. The industrial production and retail sales growth number in which comes with a lag, are still not showing any significant slowdown (in China and US). In RBI India is all set to revise up its inflation forecasts. Keep listening for more.
Most of the February data is already reflecting the impact of the crisis in Ukraine. The European Central Bank is now more worried about inflation than growth. What will be the impact of rising crude prices? Keep listening for more.
Ankur Warikoo's book, Do Epic Shit is a very interesting book. The book is full of life skills, tips and tricks. The book is very engaging. Since there is no chronology it is easy to read and can be read from any page. Keep listening for more. Send your feedback https://anchor.fm/moumitapaul/message
Ukraine is raising money through ways which could not have been possible earlier. Cryptocurrency, NFT's is allowing Ukraine to raise money quickly and from across the world. People are donating via Airbnb as well. Keep listening for more. Links: Ukraine's Vice-Prime Minister Mykhailo Fedorov tweet
Inflation continues to rise in the Euroarea. With the war on Ukraine and surge in crude oil prices, the problem of inflation may increase further. All eyes are on how the European Central Bank reacts in this situation. Keep listening for more.
The tension between Ukraine and Russia had started in 2014. The Minsk agreement has failed to bring the countries into a common consensus. In 2021 Ukraine took a step towards joining NATO. Russia has retaliated by starting a full blown war on Ukraine. To stop the war many countries have started sanctions on Russia. But sanctions will cost Russia and the global economy. Keep listening for more.
Business activity is improving in the developed economies (US & Europe). Growth is coming back. But inflation remains the Achilles Heel. Keep listening for more.
The fall in producer price inflation in China and India is moderating. While the numbers are moderating due to base effect. These may be the initial signs of supply side logistic issues easing. Keep listening for more.
Currently, the main concern of the Fed is inflation, while the main concern of the RBI is growth. With different objectives, the monetary policy actions of the central banks are likely to be diametrically opposite. Keep listening.
The central bank policies are becoming divergent among the developed economies. Is the European Central Bank falling behind the curve? Keep listening for more.
This week I try to catch up on previous week’s missed episode and the important indicators from China, followed by the top events involving Fed and other US indicators from last week. Keep listening for more views and updates from the field of economics and finance.
The industrial production growth of India slowed down in November. The slowdown was higher than expectation. Keep listening for more views and updates in the field of economics and finance.
The advance estimate of India’s FY22 GDP showed that the economy has grown by 9.2%. Keep listening for more views and updates about last week’s developments in the field of economics and finance.
India’s current account turned from surplus to deficit in the second quarter. Keep listening for more insights in the field if economics and finance.
In the December monetary policy meeting of the RBI, the concerns regarding core inflation had increased. Keep listening for more insights into last weeks developments in the economic and financial sector.
In the December policy the RBI maintained status quo on its policy rates. Keep listening.
The new Omicron variant of Covid19 is the biggest risk to global economy. Keep listening.
India’s WPI inflation has remained in double digits for the past seven months. Keep listening.