General Trading Chat

DSM

Well-Known Member
Deba,

Govt. and bankers have over time invented new financial ideas... Removal of gold standards has given them the freedom to print paper money, fear of market collapse has led to loose monetary policy, QE's, Negative Interest rates, bond purchase, helicopter money etc... Politicians across the globe and their advisors will now be looking at ways to get 'prop up and get confidence back into the market', though they are seemingly out of ammunition as interest rates are near zero....

Big question to answer, because if they fail now (UK recession, EU break up, China slowdown, US political uncertanity with Trump), Mid east instability, migration crisis, etc global markets can go down in a tailspin... which will be difficult to extract it from...

India seems to be the best country to invest in... but in uncertain times, money looks to move to safety.... Interesting times ahead.

Even if recession is looming, Central bankers world over have nothing left in their hand to fight it off.. Actually these central bankers are mostly responsible for what the world is facing today !
 

deba72

Well-Known Member
Biggest debate over last few years is whether capitalism should have been allowed a free run by not bailing out those guys who are responsible for creating the crisis at the first place. Paradox is Fed, ECB etc kept on encouraging the same rotten behaviour by encouraging 'extreme' risk taking with abundant supply of zero cost funds. And the people who suffered are the common man on the street who have no way to earn interest on his savings and pensions.

And after all these years, this anger is being vented out. 'Brexit' is symbolic in many ways. And this same 'anger' may help Trump to reach White House. And who knows what happens after that ! Very very interesing and tough times ahead.
 
I am buying Bajaj Finance, Bajaj Fincorp, small qty of Auro Pharma,HDFC,Asian Paints,HPCL,Maruti ....I will be buying some equity mutual funds also today and in next few days.

Smart_trade
Sir if it is against forum rules pls delete the post of my query.

Bajaj finance which hit highs recently and Maruti facing the yen crisis..and both not great on charts..why isit in your buy list? Any fundamental reasons?
 
Sir if it is against forum rules pls delete the post of my query.

Bajaj finance which hit highs recently and Maruti facing the yen crisis..and both not great on charts..why isit in your buy list? Any fundamental reasons?
Bajaj Finance is one of the fastest growing company in India and one of the most profitable one. It is making new highs continuously and I am of the view that it will go up much higher. It will benefit from the people spending more, buying goods on credit etc.

Maruti is doing well financially and will be a good consumption story. More money in the hands of people, more people will go for cars and high end cars.

Both the companies have good management with good track records.

Smart_trade
 
Sir if it is against forum rules pls delete the post of my query.

Bajaj finance which hit highs recently and Maruti facing the yen crisis..and both not great on charts..why isit in your buy list? Any fundamental reasons?
Pravi_kanth,
Though this question is for smart_trade - I am taking the liberty to raise a point here.

Why do you think Maruti is facing yen crisis? Maruti has to pay royalty in YEN, which is doing great in terms of INR since the Japanese decided on -ve interest rates. For Maruti its a good situation as royalty amount has started to go down.
 

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