Today's winner
Back on the blog after many years...Personal issue kept me away from this wonderful hobby.. Not anymore..
Stock market has doubled since i stopped writing couple of years back... US economic Engine powering the world now while promising Economy like BRIC are falling apart due to internal Crisis. US dollar has stabilized, Gold is up since Iran crisis, British pound stabilized since BREXIT withdrawal..
Corona virus scare is going to have major effect on already stressed Global economy on shorterm..But it will be contained over few weeks like any other virus that popped over the past two decades. I am sure the Pharma companies have major interest in developing vaccine for 7 billion people in the world, at least 1.3 billion Chinese and 340 million Americans to begin with...
With Geopolitical and health scare apart, the biggest swing will be the impeachment trial ongoing in senate which seesaw the market for next 9 months.. While most of the Fund managers will not make huge bets on the companies benefited by the tax breaks in 2018, they will focus on small and medium size companies .
I believe the US economy is poised for a long term growth and resilient compared to other world economies. New technology and innovation will keep this economy afloat for rest of the decade. A political swing in November election will cause a huge swing the market due to Major US policies .
Lets hope the Growth continues
Back on the blog after many years...Personal issue kept me away from this wonderful hobby.. Not anymore..
Stock market has doubled since i stopped writing couple of years back... US economic Engine powering the world now while promising Economy like BRIC are falling apart due to internal Crisis. US dollar has stabilized, Gold is up since Iran crisis, British pound stabilized since BREXIT withdrawal..
Corona virus scare is going to have major effect on already stressed Global economy on shorterm..But it will be contained over few weeks like any other virus that popped over the past two decades. I am sure the Pharma companies have major interest in developing vaccine for 7 billion people in the world, at least 1.3 billion Chinese and 340 million Americans to begin with...
With Geopolitical and health scare apart, the biggest swing will be the impeachment trial ongoing in senate which seesaw the market for next 9 months.. While most of the Fund managers will not make huge bets on the companies benefited by the tax breaks in 2018, they will focus on small and medium size companies .
I believe the US economy is poised for a long term growth and resilient compared to other world economies. New technology and innovation will keep this economy afloat for rest of the decade. A political swing in November election will cause a huge swing the market due to Major US policies .
Lets hope the Growth continues
