A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
From a Sensex close of 12526.32 on Friday, October 3,2008,it has plunged another 15.95% and 1998.47 points to close today at 10527.85…In fact today itself it lost 801 points.This is keeping in tandem with similar and worse falls in all World Markets this week too Now this is what I’m waiting for !…another 2000 points fall next week …
Sensex drops 15.95% and near 2000 points this week to close at 10528 Read More »
Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 % SHOCKING IIP GROWTH FIGURES IN % FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital …
IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ? Read More »
Just look at the Irony of it all ! When the Fed rate was as low as 1% for nearly a whole Year some years ago it had created the scenario of Wanton Mortgage Lending and Wanton Mortgage Borrowing and had led to a Surge in House Prices When the House Asset Bubble Burst and the ugliness …
Pretty Ironic that Fed Rate is now 1.5% close to the culprit 1% some years ago Read More »
The BSE IT Index opened this Year in January at 4519 and today it has recorded an intra day low of 2566 In just over Nine Months this Year it has plunged by 43 % How did this happen despite the Rupee depreciating a record 25% against the Dollar this Year.The Rupee was at Rs …
IT Stocks freefalling despite the Rupee depreciating a record 25% this Year…Why ? Read More »
Hindsight it’s easy to point fingers of Blame at just about everybody but yourself ! But just review this historical evidence in USA of the excessive and irrational liberalisation in the Financial Sector by the Regulators and make your own judgement 1996: The US Fed Chairman at the Time,Alan Greenspan warns of “Irrational Exuberance” 1998 : …
USA was building a House of Cards last ten years ! Read More »
US Financial Advisor,Louis Navellier warns of further trauma and pain and bankruptcies. The US $ 700 billion Government bail-out plan for the USA Financial System scarily reveals that there’s no other alternative ! The hole according to US Advisor,Louis Navellier is US $ 41 Trillion…This is how he compiles this figure “Here’s The Truth Fannie and …
US Financial Advisor Louis Navellier…The Worst is Yet to Come Read More »