Learn the Magic of Asset Allocation

Today’s Daily Byte

In the last five sessions, we’ve moved from nearly 22,300 to 23,350 — more than a thousand points gained in just one week. We haven’t seen a week like this in many years. To put it simply, it’s been a fantastic move.

While it’s still difficult to definitively say whether we’ve reached the bottom, as we need to cross a major pivotal point to say that with some confidence, there are positive signs. If the market continues to make higher lows, that will confirm the trend is changing. But so far, it’s been a great move — no complaints at all.

The Nifty gained 0.7% for the day, and this chart posted by Stable Investor on X clearly shows how the Nifty has performed over the past months. . . .

Reading Time : 4 Minutes

The Magic of Asset Allocation

Luxury items often hold a unique place in the world of investments, and Rolex watches are no exception. The Rolex Market Index, a specialized measure of the performance of used Rolex watches, offers a fascinating insight into the luxury market’s dynamics. By tracking 30 key models, this index reflects the changing trends in demand, wealth, and global economic conditions... . . . .

Reading Time : 4 Minutes

Can a new President really make a long term difference?

A nice chart from Chicago Advisor on X highlights how U.S. presidents over the last 50 years have influenced global economic trends.

One of the most significant shifts happened in 1971 when President Nixon took the U.S. dollar off the gold standard, flooding the system with fiat currency and reshaping global monetary policies for decades. While several presidents have come and gone, few have been able to fundamentally alter the course of the economy, except for short-term policy-driven fluctuations. . . . .

Reading Time : 3 Minutes