“You miss 100 percent of the shots you don't take." Wayne Gretzky, NHL Hall of Famer Markets are down by over 8% from their peaks. Many reasons can be attributed to that like geo-political & economical concerns, domestic political/social events, inflation, interest rates, weather etc. Are these concerns over or are they deepening further. Honestly no one can answer this question, you can only guesstimate them based on your experience and understanding. Israel has retaliated to Iran’s attack, how is Iran going to reply this? How the US economic policies will shape up after elections that are just a couple of weeks away. Domestically too train incidents over last couple of months and bomb hoax in flights over two weeks now, rising insurgency post J&K elections, bomb explosion in Delhi this week definitely concerns us. And kind of political slugfest we are witnessing now-a-days, don’t comfort us of a good future at times. FIIs also withdrew 1.07 lakhs crores ove
Ajay Sharma, Founder of Investmentmitra is an Air Force Veteran and an Alumnus of IIM Calcutta. He is also President of All Mutual Fund Distributors Welfare Assocaition and a Member on Board of Management of The Sonepat Urban Cooperative Bank Ltd. The Blog Here we share our views on economy, markets, politics, events etc. and how they impact our investments. We also share occasionally interesting investment products that we believe are worth considering for investments by the reader.