Global macro: The Past, Present, and Future - Part 1
One of the biggest biases investors suffer from is called the "home country bias". The tendency to invest in their home country - this is the same across the world. But global financial markets are more interconnected than ever. There is a credible case to be made for diversifying portfolios globally. Listed companies have global revenues streams and events in those countries can affect them.
It pays for investors to have a global perspective and have a sense of what is happening, no just in the equity markets. Especially if you have investments outside India.
In this session, Debashish Bose, head of product at DSP MF gives a sweeping overview of what has happened in the global equity markets, debt markets, currency markets, derivative markets, the structural changes and more.
In part 2, Debashish will talk about the path ahead for the global financial markets especially given the effects of COVID-19 in the real economy.
You can follow Debashish on Twitter: / debase3