"The market does not trade upon what everybody knows, but upon what those with the best information can foresee" – William Hamilton Bank Collapse in USA - After the Adani saga it was the turn of some sensational news from so called robust but deteriorating financial system of USA. Collapse of Silicon Valley & other banks in USA are just the cases of cash flow mismatch and investment calls going wrong. By now you must have read enough on this. Still should you wish to understand what this story is all about, you may call your InvestmentMitra for the same. Thankfully SVB hadn’t financed any of the ventures from Adani group, otherwise pessimists would have declared doomsday for India as well. Adani Saga - Good part about Adani’s saga is that Adani as a group has interest across diversified industries and geographies. It has created a good mix of domestic and international debt. Adani group’s businesses are real. The promoters have prepaid a good amount of debt maturi...

Ajay Sharma, Founder of Investmentmitra is an Air Force Veteran and an Alumnus of IIM Calcutta. He is also President of All Mutual Fund Distributors Welfare Assocaition and a Member on Board of Management of The Sonepat Urban Cooperative Bank Ltd. The Blog Here we share our views on economy, markets, politics, events etc. and how they impact our investments. We also share occasionally interesting investment products that we believe are worth considering for investments by the reader.