All Too Fast (10-minute delivery’s version)

India’s equity markets faced one of the worst weeks of the year as benchmark indices ended the week deep in the red. Investors across the board – especially Foreign Institutional Investors (FIIs) who have been selling Indian stocks rampantly.

The looming threat of the Omicron variant has made investors jittery as it threatens to derail the economic recovery post-covid-19. That apart, inflation seems to be a bigger concern than not, as the US inflation hit a 30-year high last month. Inflation is a rise in prices and it occurs when too much money chases too few goods and services. To curb inflation, the US central bank plans to raise interest rates – as that would make it difficult for consumers and businesses to borrow and spend money.

However, this might not bode well for Indian stocks as foreign investors would pull their money out of countries like India and put it back in the US – where due to rising interest rates, returns would rise.

Here’s what we’ve been doing this weekend…

Reading Zero to One – If you’ve ever worked at a start-up or had a friend who does, there’s no way you’ve not heard of this phrase. In his book Zero to One: Notes on Start-Ups, or How to Build the Future, Peter Thiel, with Blake Masters, talks to us about how businesses of the future can’t copy the Steve Jobs and Larry Pages of tech. They need to be visionary and do something new – create something from scratch and take it to the next level. How to get there? Well, we’re reading about it in this one.

Watching Succession – Allegedly based on Rupert Murdoch and his family’s business empire, the series has reached Season 3 and we’re screaming! All the personal and professional politics is sending us gasping as we binge on the latest episodes.

Listening to Where’s My Money by Tickertape – Our friends at Tickertape have started this podcast and we’re glued to it! It’s basically for the ones who want to understand the Indian investing landscape in simplified and lucid terms. So, if you are looking to venture into stock investing, sort your personal finances, or make sense of how economic developments can impact your money, this podcast is the ideal company for your evening chai or morning commute.

Tweet of the week

PS – According to sources at Economic Times, RBI wants a blanket ban on cryptocurrencies. You can read more here.

And that’s a wrap on this week’s newsletter! Are you hooked to 10-minute deliveries yet? What’s the most bizarre thing you’ve spent money on through these deliveries? Do you reckon it is the next big thing in e-commerce? Tell us on Twitter!

Until next week, take care and stay invested!