A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
It’s just past 3.30 am in the morning here in Mumbai and I’ve just been witnessing Panic on Wall Street as the DOW reacted violently to record it’s worst Points Fall,closing 778 Points (7%) down at 10365 on the Bail-out Package of US $ 700 billion being rejected by the US House of Representatives On Cue,Sensex …
On DOW Cue,SENSEX Set to Crash as Market Opens in the Morning Read More »
Thanks M Square for initiating this Song for me earlier today….Since then I’ve been Humming Kailash Kher’s ” Allah ke Bande “ whole of this afternoon watching the Sensex drop to close near 4% down losing 506 points at 12596…..Can’t help sharing these lyrics with allof you…so hum along with me and keep the Faith…just replaced “Parinda” with …
Sensex closes down near 4% at 12596…”Allah Ke Bande “…Keep the Faith ! Read More »
Hindsight it’s easy to point fingers of Blame at just about everybody but yourself ! But just review this historical evidence in USA of the excessive and irrational liberalisation in the Financial Sector by the Regulators and make your own judgement 1996: The US Fed Chairman at the Time,Alan Greenspan warns of “Irrational Exuberance” 1998 : …
USA was building a House of Cards last ten years ! Read More »
Washington Mutual (WaMu) ,one of USA’s biggest Banks was forcibly taken over by the regulator,FDIC yesterday and sold off for US $ 1.9 Billion to J P Morgan even while the Chairman and CEO of the Bank was on a flight in Mid Air…The quick move was to prevent a collapse as Depositors had already began …
The state of the USA Balance Sheet right now: “There are two sides to a Balance Sheet – the Left (Liabilities) & the Right (Assets). On the Left side there is nothing right.. and on the right side there is nothing left” (Thanks NGP for this one)
US Financial Advisor,Louis Navellier warns of further trauma and pain and bankruptcies. The US $ 700 billion Government bail-out plan for the USA Financial System scarily reveals that there’s no other alternative ! The hole according to US Advisor,Louis Navellier is US $ 41 Trillion…This is how he compiles this figure “Here’s The Truth Fannie and …
US Financial Advisor Louis Navellier…The Worst is Yet to Come Read More »