Stock Markets

There are lots of reason being offered for the drop in stock markets around the world. The Asian markets had risen too much too fast. The fear that rise in Japanese interest rates would impact "carry trade" where investors borrow in Japan at very low interest rates and invest in countries/markets with higher interest rates etc. What is lost in all of this discussion is the fact that it's taken five years to approach where the markert indices were in 2000/2001, NASDAQ still reamain at less than half of its its highs in 2000. With few exceptions such as Google, technology and healthcare remain beaten down. Maybe its's time for sector rotation.

The Queen and Blair

I finally saw the movie "The Queen" yesterday and enjoyed a powerful performance by Helen Mirren.
I particularly liked the last scene where Queen Elizabeth is telling Blair how things can change quickly as far as popularity is concerned. A very prescient observation. Blair is probably far more unpopular now than the Queen might have been immediately after Diana'a tragic death.

Haq in India

Here are a few pictures from my visit to India:

Kyte TV

Decentral.tv is a very interesting startup based in San Francisco, CA. It's software/website called Kyte tv is still in beta. It's key differentiator is the live chat feature enabling real-time collaboratoon among people sharing an interest around a channel produced by users. I got an invitation to it yesterday and tried it out. It was really really easy to produce a channel and then embed it in this blog. I'd recommend others to try it out. Go to www.decentral.tv

Haq Family in Europe

Here are a few pics from recent European vacation: