Pessimism about the markets? Well no. Not really, but can see some dark clouds: – the government’s inability to control inflation – MMS acting like a rubber stamp for the Lady in White – Commodity prices – including crude of course -Interest rates HAVE TO GO UP to compensate for inflation. Sadly Indian population not […]
Nobody believes that tech stocks can do well in 2010, correct? This comes from 2 fears – US recovery will not be too great and that the dollar may weaken. Let us look at the dollar – it looks like the dotcom boom – when we were all sure that the tech stocks can only […]
We are in a mood of extreme pessimism. So now to talk about “irrational exuberance” may be a little out of place. By the way if you are new to the finance business, you may not have heard of Alan Greenspan or of “irrational exuberance”. Of course Alan can now be said to be of […]