Markets in BUBBLE ZONE?

[Venkat123]

deepsa,
Who is funding real estate loans at bubble prices? Indian banks. That's how the problem started in the US. Expect leveraged speculators to walk out on real estate investments when they can't make debt payments because asset prices stop increasing. Welcome to India's own subprime.

 

[deepsa52]

Good point..may be we are seeing a Black Monday ( 1987 repeat ). US futures exchanges have halted trading pre-markets.
Cash and Agriculture indexes are the kings now

 

[sudoku1]

deepsa,
Who is funding real estate loans at bubble prices? Indian banks. That's how the problem started in the US. Expect leveraged speculators to walk out on real estate investments when they can't make debt payments because asset prices stop increasing. Welcome to India's own subprime.

the credit card mkts have taken a worst turn in the US & the defaults r bound 2 rise.....even here , the credit card mkts r under tremendous
pressure.....
real state mkts r directly linked to stock mkt performance world around....
in japan in 1985 when nikkei crashed , asset prices had crumbled by 40%..
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what has the IMF to say..............?pasting from a BUSINESS DAILY

Significant slowdown inevitable, says IMF

Press Trust of India / Washington January 23, 2008



A significant slowdown in world economic growth appeared "inevitable," the International Monetary Fund ( IMF) has said. It welcomed the US Federal Reserve's decision to cut its main interest rate saying it was "appropriate and helpful".

"A significant 2008 slowing in the global expansion already appears inevitable, and downside risks still predominate," Masood Ahmed, director of external relations of the Fund, said in a statement.

"The United States has been most affected by recent economic and financial developments. Thus, today's 75-basis point reduction in the federal funds rate was appropriate and helpful," he said.

With global markets experiencing a meltdown amid fears of a US recession, the Federal Reserve had yesterday cut its key short-term interest rate by 75 basis points in a move aimed at steadying the world's biggest economy.

Asking the Federal Reserve to apply targeted and timely fiscal measures to boost near-term demand, Ahmed said: "Financial market prices are consistent at present with expectations of significant future rate declines. In any case, there is no doubt that the Federal Reserve will respond with alacrity to new fundamental and financial developments. In addition, targeted and timely fiscal measures could provide near-term support for demand."
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untill sensex remains below 18500....no hopes for bulls.........

 

[Prabhjeet]

untill sensex remains below 18500....no hopes for bulls.........

Whats this sodoku youa re still holding 18500 levels, do you think sensex can rally 50% to take your targets. May be you need to update some new levels

 

[Cactus]

if i am not mistaking........he has changed levels to near 16k.
anyway.......did u check the date of his posting.

Whats this sodoku youa re still holding 18500 levels, do you think sensex can rally 50% to take your targets. May be you need to update some new levels

 

[ARMHM]

Whats this sodoku youa re still holding 18500 levels, do you think sensex can rally 50% to take your targets. May be you need to update some new levels

I think you are not following his posts regularly.