Additionally, the Fed also auctioned off $30 billion to commercial banks at interest rates of 3.01% on Tuesday. The current inflow of funds should be able to stem the credit squeeze which the markets had witnessed off late. But will the world markets, especially, the Indian stock markets, respond positively to the inflow of liquidity in the U.S. markets? Chances are they will.. The Indian markets seem to have bottomed out; analysts believe that a correction of no more than 10% is likely from current levels. The December industrial output figures which were released earlier today were encouraging and in-line with expectations. Additionally, the retail investors could have just found the short-term trigger which will drive them back to the primary markets. Though investors remain wary and shaky after the events of the past few days, they are likely to respond positively on signs of the U.S. economy improving.
By the way got an interesting picture to share with you all.. hope you like it..

A very scary roller coaster ride, isn't it??
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