Talk to us about the indicators which you saw? When the lights turned from green to amber and you called out the case for correction building in?There are a couple of things. We were worried about the coronavirus back in January and in late January, we started selling the stocks that we owned, either hedging them such as Disney or we got very negative on some like Apple which you can see on my twitter handle @DanielTNiles. On February 10, we had started to short Apple because we thought there was a virus risk from China. People just chose to ignore it which surprised me and did not make much sense to me. We tried to position ourselves appropriately because we thought eventually the US market would start reacting to it as the virus continued to spread. That, in fact, is what happened and that is how we saw the data. This is a correction which was pretty swift. Investors and traders worldwide perhaps failed to gauge it. Suddenly, the fall accelerated. How important is it for … [Read more...] about It will take a couple of years for market to bottom, not 1-2 months: Daniel Niles
Expected market return 2018
The trend of capital inflow may have started. Stock connections between mainland and Hong Kong bourses registered a net foreign inflow of 8.15 billion yuan ($1.15 billion) over the past week, reversing a substantial outflow last month amid the global liquidity strain, according to market tracker Wind Info. … [Read more...] about Equity market shows signs of recovery
* CAGR as on 11 Mar 2019The above table shows Compounded Annual Growth Rate (CAGR) as on 11 Mar 2019 for one-time investments made on dates mentioned in Column 1 in BSE Sensex, Fund A, Fund B and Fund C.And what if someone invested every month up to March 2009 instead of one-time during the falling market. Let us look at how did those investments fared in Table 2Table 2: Investment done every month up to 9 Mar 2009 on the dates in Column 1 of Table 1 market up to March 2009BSE Sensex Fund AFund BFund CCAGR as on 11-Mar-1910.69%18.61%14.39%15.62% … [Read more...] about Can you always make money by investing in a falling market?
Thursday’s videoconference meeting between members of the Organization of Petroleum Exporting Countries (OPEC) and its allies, including Russia, is widely expected to be more successful than their gathering in early March. That ended in failure to extend cuts, and a price war between Saudi Arabia and Russia amid slumping demand. … [Read more...] about Oil rises as markets eye OPEC, Russia meeting on output cuts
The recovery of the secondary market is also well underway. In March, the transaction volume of pre-owned apartments in the 18 cities monitored by property broker Lianjia was 41.8 percent more than the combined amount of January and February, although it was merely 63 percent of that seen a year ago. … [Read more...] about Real estate market on steady recovery track