Re: Bloodbath on the market
LONDON (MarketWatch) -- Stocks in Europe dropped sharply Wednesday as Europe's top central bankers took a tough line on interest rates and as worries about the U.S. economy still lingered.
"Right now, there is still negative sentiment in the market," said Andrew Popper, chief investment officer at SG Hambros in London. "It still thinks that the U.S. is sliding into recession. The debate has shifted to the depth and length of a recession."
Depth I am not worried about from Indian markets perspective...Indian Markets are resilient enough...it's the length that's troubling my analysis and my confidence,because Indian Markets (Technicals and Fundamentals barring few Compnaies) have never shown enough maturity to show Patience.
LONDON (MarketWatch) -- Stocks in Europe dropped sharply Wednesday as Europe's top central bankers took a tough line on interest rates and as worries about the U.S. economy still lingered.
"Right now, there is still negative sentiment in the market," said Andrew Popper, chief investment officer at SG Hambros in London. "It still thinks that the U.S. is sliding into recession. The debate has shifted to the depth and length of a recession."
Depth I am not worried about from Indian markets perspective...Indian Markets are resilient enough...it's the length that's troubling my analysis and my confidence,because Indian Markets (Technicals and Fundamentals barring few Compnaies) have never shown enough maturity to show Patience.