Has this bright spot for global growth just been snuffed out?

Follow this link if this email is not displaying correctly DAILY BULLETIN Wednesday 30 November 2016 India's DIY recession by Filipe R Costa | Economics | 6 mins. to read During the painful periods of hyperinflation in the last century, there were a few episodes when governments decided to demonetise the economy and to reintroduce money in new forms in an attempt to contain the rampant price increases. But these moves pale in comparison to India's bid to absorb 87% of its circulating physical currency and turn it into deposited money, in one of the greatest demonetisations in history. Such an experiment comes disguised as a weapon in the fight against illicit activities, tax fraud, and even terrorism. But, ultimately, it will most likely prove ineffective in delivering on these goals, and even risks sinking the economy and possibly even generating deflation. At a time when global growth is weak, the Indian PM Narendra Modi has just taken a step to auto-inflict pain in one of the world's last bastions of growth. The precise effects on the money supply and the real economy remain to be evaluated with precision, but so far everything seems to be heading towards failure, recession, and chaos.   Click here to read the full story LATEST STORIES FROM OUR BLOG Metal Tiger (MTR): Bullish wedge breakout awaited by Zak Mir | Trading | 1 mins. to read Bizarre, is the best description of the offer made for Metal Tiger (LON:MTR) last week. But it may be that this now offers an opportunity to squeeze some bears.   Click here to read the full story Valuation vigilante: The Edinburgh Investment Trust by Nick Sudbury | Funds | 4 mins. to read The fund manager sticking to his disciplined approach Neil Woodford is probably the best known fund manager of his generation – so when he left Invesco Perpetual in January 2014 to set up his own firm it created a massive dilemma for the company.   Click here to read the full story Super-high yield investing: Only for the brave by John Kingham | Equities | 5 mins. to read In recent months I've written about a range of dividend stocks from the high quality end of the spectrum: from Buffett-style stocks to consumer staples and consistent inflation-beaters.   Click here to read the full story Gulfsands Petroleum: March price channel target at 16p by Zak Mir | Trading | 1 mins. to read Gulfsands Petroleum (LON:GPX) was in a former life a play on Syrian assets, but it seems that Columbia is the focus now.   Click here to read the full story Shades of Oxus all over again by Evil Knievil | Evil Diaries | 1 mins. to read Pantheon (LON:PANR) has slid on this morning's dampening news. Some will fancy buying right now. I do not.   Click here to read the full story QUOTE OF THE DAY "Always bear in mind that your own resolution to succeed is more important than any other."                                                  Abraham Lincoln MASTER INVESTOR VIDEO EXCLUSIVE LATEST EDITION OUT NOW Is your portfolio ready for a 2008-style financial crisis? Bank valuations already at lowest point since 2008 - a precursor to another blow-up. A real risk of Italy leaving the Euro, French insolvency, and Germany writing off huge loans to Southern Europe.  Disruptive political events, like Brexit or the US election, threaten to throw markets off course. Will China's debt bubble finally burst, just when no-one expected it? Click here to download as PDF   Click here to read in ISSUU format Master Investor Ltd. Suite 88, 22 Notting Hill Gate London, W11 3JE T: +44 7515 542707 E: swen@masterinvestor.co.uk Share the newsletter: Follow us: Copyright © 2016 Master Investor Ltd, All rights reserved. Master Investor is a trading name of Master Investor Ltd. Material contained within Master Investor Magazine and its website is for general information purposes only and is not intended to be relied upon by individual readers in making (or refraining from making) any specific investment decisions. Master Investor Ltd. does not accept any liability for any losses suffered by any user as a result or any such descision. If a Daily Bulletin is too frequent, why not opt in to our once weekly mailing list for a round up of the week's news. Want to change how you receive these emails? Why did I get this | Unsubscribe from this list | Update subscription preferences