Sunday, October 12, 2008
Lessons I learnt from 2008 financial crisis
Behind every cloud there is a silver lining. Let’s not forget this wise maxim. In this moment of uncertainty, gloom and doom, bloodshed and mistrust the time has certainly come to make investments in equity markets albeit gradually and in small doses. For instance, if you have the money to buy 100...
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Thursday, October 9, 2008
How long will US recession last?
Recession in the US is no longer an issue. People are now speculating whether it will prolong for two years or be a protracted case running up to 10 years. I shudder to think of the consequences if the recession were to continue for more than two years and the damage and destruction it could bring...
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Saturday, October 4, 2008
Is greed the bane of US economy?
The other day I attended a debate on the US crisis and its impact on other economies. One participant raised a very relevant issue. Blatant promotion of consumerism and misuse of credit has wrecked the US economy. Surprisingly, the US dollar remains strong. Recession, rising unemployment, collapse...
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Tuesday, September 30, 2008
Sentiment is fickle
Sentiment can change fast. In the stock markets, sentiment can change from pessimism to optimism very quickly. The despondency changed to hope as soon as the Finance Minister gave a reassuring statement to the Indian public that fundamentals of the Indian economy remain strong as ever. RBI chipped...
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Monday, September 29, 2008
Fragile sentiment
When market sentiment is in the dumps, there is gloom everywhere and blood on the streets it is time to start buying. This conventional and time-tested wisdom is easier said than done. Investors are biting their nails and witness to steady erosion in their portfolio values. No fund manager is immune...
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