The word B can stand for Bright or Bleak. Let us look at the optimistic side (Bright) side first….

• Rs. 5000 crores a month is flowing into the Mutual fund industry – predominantly non debt
• Inflation is at 3% giving real returns (pre tax) even in savings account
• Unemployment is not raising its ugly head like it used to in the past
• Thanks to low inflation, interest rates are likely to go down
• Money is moving from RE and gold to financial assets
• Demonetisation has brought more money from the cupboards into the bank accounts
• Indian market cap is now very close to Germany and Canada…and rising!
• Namo in an election gimmick (or whatever) may drop the IT rates DRAMATICALLY
• The drop in rates could be attributed to Demo and GST

What is the bleak side?

• The world needs a bubble to break
• A rising market is a good place to sell rather than buy?
• Not enough jobs are being created in the world
• IT and Pharma may not grow at a great pace going forward
• Agricultural Infra development is only being talked about
• Market cap of cos. like life insurance and mutual funds may not be sustained
• there is OBVIOUSLY some kind of a bubble being built in many industries
• too many website and apps are pushing mutual funds – this may implode
• With IT not recruiting enough, job creation could take a big hit.
• FII money may start booking profits
• All the PE increasing activities are over
• Corporate profitability is not increasing at a great rate
• Growth is more in the minds – the numbers are not adding up at all
• Income tax compliance still low – need to see the nos. add up, and FAST

so please decide whether B stands for Bright or Bleak…