Commodity and Cyclical Plays

[harsh.beria93]

Great articles to read on the web

This is such a nice interview about Indian market cycles. I have tried to summarize my key highlights below: The last decade belonged to leveraged consumers which is probably why retail loan financiers did so well (Bajaj finance, Capital First) along with consumer oriented stocks (durables, FMCG, etc.). This is similar to what happened in 2000-2010s which belonged to the leveraged corporates (aka power, real estate, industrials) and corporate facing financials (ICICI, Axis, SBI). At that time,…

This post covers longer term cycles and maybe relevant here as well.