Another one of Wall Street’s broken forecasts has plopped a new trade in your lap…
If you’re listening to the lunatics on the financial news, you’re hearing that there’s no hope for the markets. Just get rid of your stocks and pound sand. Better safe than sorry—none of these talking heads want to get bullish on anything right now because they’re afraid to look like an idiot if the market keeps dropping. For them, selling stocks now is your only chance to make it to the end of the year without pawning the family cat to buy Christmas presents.
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick
By Mazhar Mohammad
Of late Nifty50 has witnessed multiple breakouts that marked the end of vicious correction which started way back in March 2015 after hitting life-time highs of 9,119.
This correction lasted for 11 months with a deep cut of 25 per cent after registering a low of 6,825.