Market Review
It has been a long time since I wrote my previous post. I could say that nothing much has changed since then and hence the delay in my next post.
If US debt rating has been reduced, it was nothing out of the ordinary. We knew it had to happen. Market reacted to it and has absorbed that well. US has a problem but it is not going to default on its payments for sure. US dollar is going to be weak in the long term but not in a hurry.
Interest rates are very high in India and could go up higher. Market has that digested too. We also know that interest rates are going to cool off sooner than later and that would bode well for our economy.
Oil and other commodity prices have reached higher levels but crude is going to stabilise at current levels if not lower. Slow American growth means lower oil prices. That is good news for inflation in India.
Our government is showing some action on public policy front. I expect strong reform action to appear in the next quarter.
Considering these factors I am buying good stocks at bargain prices. Things are looking up and a patient investor is going reap good dividends in a year's time-frame.
regards
Vibhas
If US debt rating has been reduced, it was nothing out of the ordinary. We knew it had to happen. Market reacted to it and has absorbed that well. US has a problem but it is not going to default on its payments for sure. US dollar is going to be weak in the long term but not in a hurry.
Interest rates are very high in India and could go up higher. Market has that digested too. We also know that interest rates are going to cool off sooner than later and that would bode well for our economy.
Oil and other commodity prices have reached higher levels but crude is going to stabilise at current levels if not lower. Slow American growth means lower oil prices. That is good news for inflation in India.
Our government is showing some action on public policy front. I expect strong reform action to appear in the next quarter.
Considering these factors I am buying good stocks at bargain prices. Things are looking up and a patient investor is going reap good dividends in a year's time-frame.
regards
Vibhas
Posts
4 comments:
You can always help small investors by giving list of good stocks you have already bought.
Giving a tip is the easiest way to teach them 'passive investing'.
My aim is to share my views and educate them.
Everyone needs to analyse their own stocks and invest their own way.
rgds
Vibhas
Dear Vibahs Sir,
How are you?
I also actually did not write to you in many days though was a regualr reader.
One small query - Every stock has an EPS. But what is EPS(TTM)? this value is seen to be diffrent than EPS delcleared by company. Ex- SBI-
EPS decleared - 130.16 and EPS (TTM) -109.19.
Please explain.
regards,
Bhalchandra
Dear Vibhas Sir,
it seems you are out some where..
Bhalchandra..
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