• Indian equities have done well and it sure feels good to have gotten that one right.  However RBI has not done any serious monetary policy easing. Our prediction seems to have been a year too early (hopefully not more) on that!
• Rupee disappointed us. All that tightening by RBI (in FX markets) only caused Rupee to rebel more and go from bad to worse? However volatility in rupee was as expected and it has recovered well from the historic low it reached in 2012
• Eurozone stayed intact indeed; but will it in 2013?  

• More like this

  • Fiscal cliff decoded
  • Spain the next pain?
  • Libor rigging: What is it all about?
• US is showing stability and growth as expected. Unemployment has been coming down gradually and fiscal cliff is overcome, well almost
• China's desire to replace dollar with its own yuan, remained just a desire. We haven't heard more on that yet
• Gold did well but did not match our expectation
• Libor rigging completely missed our radar and that was quite a miss!

Following table is a quick comparison of prices of select financial assets at the start and end of 2012:

Kamala Aithal is the founder of a consulting firm that assists corporates develop Risk Management Framework and a regular contributor to Wisonomics column. The views and opinions expressed in this article are those of the author and does not reflect the views or position of IndiaNewsBulletin.com.