Sunday, November 18, 2012

US Fiscal Cliff



The US Fiscal Cliff is depressing Indian markets and is due to kick off on 31st December. If it does, it can harm the Indian growth story. In fact, it will affect the entire world negatively.

That is why Obama will sort it out by April 2013.

The next big time triggers for the Indian stock markets will be the RBI interest rate-cut, where it might positively surprise the Indian markets and budget in February, which will be an election budget, and therefore a lot of relief for the aam aadmi.

Good time to accumulate your favourite stocks.

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