There is a big divergence between how the stock market is and the economy is faring. One seems to be hitting all-time highs while the other is hitting lower levels with each passing month.In this ease, growth slowdown has deepened as IIP performance for the second consecutive month points to a deep slump in economic activity. Industrial production data contracted for the second month in a row to 4.3 percent in September, its lowest level in almost 8 years.In terms of markets – the S&P BSE Sensex, which has risen over 11 percent so far in the year 2019, hit a fresh record high of 40,749 on November 8, while the Nifty50 also reclaimed 12,000 levels in the week gone by.Close Equity markets are inching towards record high, but the economy seems to be struggling, which puts investors’ in doubt about investing at record highs. We spoke to experts to help us understand the dichotomy and if investors did the right thing investing in markets at record highs. related … [Read more...] about Economic data disappoints: Did you make a mistake in investing when Nifty50 hit 12K?
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Matthew Wadiak hardly comes off as a simple home cook. He throws around terms like mise en place, béchamel, and commis assuming those of us better versed in Hamburger Helper than haute cuisine will understand. Having trained at the Culinary Institute of America and perfected his trade in Milan and Paris, he can chop onions into perfect cubes with his eyes closed. advertisement advertisement But with Blue Apron, the company he cofounded with former venture capitalist and CEO Matt Salzberg and CTO Ilia Papas, Wadiak brings his formidable skill to your home for just $9.99 per person, per meal. For $60 a week, the subscription dinner kit service sends a box filled with fresh ingredients, all measured out in the exact amounts to make three specific recipes. This week’s options, for example, are chicken pot pie, sauteed flounder with baby root vegetables, and chorizo tostadas, which includes the 2 teaspoons of agave and 3 tablespoons chicken demi-glace you probably … [Read more...] about How Blue Apron Helps Aspiring Home Cooks Get Their Chef On