What a week with so much volatility, Dow falling below 13000 and having almost 10% correction from its peak. In my previous posts, I did predict that Dow would touch 13000 again before heading back to 14000. So now question to ask: Is it time to buy again ? To get to an answer, let's consider some macro factors: World's economy is having one of the strongest growth it has seen anytime in history. Almost all countries (save few countries in Africa) are growing at 2 or more percentage with some of the big emerging countries like India and China growing closer to 8-11%. Given right policy by central bankers, almost all countries are seeing relatively moderate inflation unlike in past when Latin American countries were known for their hyper-inflation Global economy is more integrated than any other time giving rise to productivity as there is most optimal use of capital not within country boundaries but across world Dow and all other indexes are going to stay here - they are not he
Commentary about markets and investment ideas and some random thoughts!