In your interest.
Online Personal Finance Magazine
No beating about the bush.
Financial assumptions are beginning to look questionable
One by one, stocks and sectors are breaking down. And so are the assumptions that went with them. Assumed financial numbers are being gutted by a changed business climate or funny accounting. The business of Pidilite Industries looked as solid as its promoters. But, in the December quarter, it has reported a loss; goods are not moving....
The market will straddle these extremes. No prizes for guessing who is winning for now
In the previous issue, I had suggested that even as the media kept painting a rosy picture of various stimulus and bailout packages, fresh weakness has resurfaced. I wrote, “Below 9,300, the fall will accelerate and below 8,600, expect a crash, which will surprise everyone. After all, every prediction I...
The end of a big bear market does not mean the beginning of a big bull market
In the previous issue, I had suggested that “the market has been rising quite weakly which is what happens when the market is trying to come back after a vicious decline.” The rally remained weak for one more week after my piece was written and then started to give up the gains made since the end of November. Over...