Skip to main content

The World Cups!

Its exciting time in sports with two world cups in progress. Being from India, I am fascinated by Cricket world cup which I have been following closely since 1983 when India won its first cricket world cup. I still remember the 1983 world cup final in which India (which was not even underdog) beat 2 times world champion West Indies with many stalwarts. It was and still the biggest Indian achievement in world of sports. Dhoni's team repeated the feat in 2011 and now its time for India to claim the Cup third time. The Indian sub-continent is crazy about cricket and even regular matches make viewing history. India-Pak match was watched by 700 million people - highest watched match possibly in any sports. If India makes into final, this record may also be broken. Just as reference, this is 7 times viewership Super Bowl gets! I won't be surprised to see billion people watching India-Pak match in 2023 world cup (which would be held in India).
While I watch FIFA Men's soccer world cup every 4 years and honestly did not follow Women's soccer world cup, I am very proud that USA women's team made to final and wishing them best of luck to win the Soccer World Cup on Sunday in final against Netherlands. Two sundays - two world cup finals. My adopted country (USA) beat England to go to finals. My mother country (India) also has to beat England to go to Cricket world cup finals. It's exciting time to follow and watch sports!
And it's exciting time for markets too! Market returns in Jun were best since 1938 and with dovish fed, truce in US-China trade wars, economy not too hot and not too cold and corporate earnings not as bad as projected just few months back, markets are poised to make new records. S&P will break 3000 next week and start inching towards year end target of 3100. 
The race for democratic presidential nomination is on. Looking at initial round, looks like Biden is leading contender for nomination. Maybe Biden-Kamala Harris should pair up for common ticket against Trump who may have to dump Pence and select Nicky Haley as VP candidate to counter Kamala factor. It's interesting times for politics!
Happy 4th of July!

Just a follow-up:
USA Women's team won Soccer world cup 2nd time in row. Congrats to team USA!

Despite having great tournament and coming on top of points table, India lost to excellent play by New Zealand in Semi-final. With this loss, billion dreams of winning Cricket world cup in 2019 got crushed. Now onto next cricket world cup in India in 2023!

One Win; One Loss!

/Shyam

Comments

Post a Comment

Popular posts from this blog

2025 = Is it going to be 1997 or 2000?

Happy Holidays... After 5 months of hibernation with no real reason than writing block, I decided to use quiet morning of Christmas day to start writing again. Lot has happened in last 5 months - in particular release of Animal Spirits with Fed starting interest rate reduction cycle and historic victory of President Trump for 2nd term. As the year turns into 2025 and stock markets at all time high, one would wonder, what's next?  To answer this, one needs to look back at 1920s and 1990s to give us some context on where markets may be headed. 1920s saw invention of televisions, radio, wider adoption of cars, vacuums, penicillin and many other which we consider household items now. These inventions created roaring 20s with markets going up by 500% eventually leading to crash of 1929. However during mid-20s, markets keep going up due to excitement of these inventions and end of World War-1 and Spanish Flu Pandemic. 1990s also saw many inventions - the key being launch of Netscape in 1...
Post a Comment
Read more

Elections and Rotations!

2024 will be known as an important year in terms of elections (97 nations covering half the population) across the major countries in the world. We are only halfway thru the year and already some key nations have gone thru elections and voters have indicated their preference for change (in a way). Let's take a look at few. India - Modi's BJP started with lots of enthusiasm with slogans of "Modi ki Guarantee" and "400 paar" (more than 400) seats (out of 543). Indian voters (which I considered one of the most smartest) gave reality check to Modi and BJP by reducing BJP count to 240 (from 303 in previous parliament) forcing it to form coalition government. I have lot more detailed hypothesis on these results (but not here). Almost everyone (including me) got their predictions wrong and lost some friendly bets. Indians want balance between "Strong, Prosperous, Proud" India with "Inclusive, Employment and Harmony". Modi and BJP are quick learn...
Post a Comment
Read more

The "i" factors are back again!

Happy Earth Day! In following Stotra, we remember Mother Earth every morning before touching feet to the ground. समुद्रवसने   देवि   पर्वतस्तनमण्डले   । विष्णुपत्नि   नमस्तुभ्यं   पादस्पर्शं   क्षमस्वमे   ॥ Samudra-Vasane Devi Parvata-Stana-Mannddale | Vissnnu-Patni Namas-Tubhyam Paada-Sparsham Kssamasva-Me || Meaning : 1:  (Oh Mother Earth) O  Devi , You Who have the  Ocean  as Your  Garments , and  Mountains  as Your  Bosom , 2:  O  Consort  of  Lord Vishnu ,  Salutations  to  You ; Please  Forgive my Touch  of the  Feet  (on Earth, which is Your Holy Body). (source: Green Message site) So let's make sure that we honor Earth every day and preserve her for millions of years..After all we have only ONE! It has been six weeks since I wrote about markets. During that time, markets reached all time highs (almost touching 5300) and down by 5% from those levels. W...
Post a Comment
Read more