In your interest.
Online Personal Finance Magazine
No beating about the bush.
The consensus was too pessimistic; so that market did the opposite
Last fortnight, we were in the middle of worldwide gloom and doom, made worse by further bad news from the developed world as well as the shenanigans of Indian companies. We wrote that the financial numbers that seemed like a given, were suddenly getting gutted by a changed business climate or funny accounting. The market was...
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...