Re: hi there business folks
What is "transactional interest rate (TIR)? Why would there be selling and change in outlook if TIR is very short?
Is it always the case that there needs to be extra speculation for shift in outlook to happen?
That is very good you know the formula. These tech behemoth hide behind the excuse of its complexity to protest rules for expensing stock options. That is all I know abt this formula. Can you explain the formula?
Also didn’t see the connection between this formula and the other points you raised.
Tell us more about the Karachi exchange - fairly valued?