Indian Markets: Casino is Open...Beware

Tuesday, April 07, 2009

The Indian and Global equity markets are flying ....up, up and away; Equity markets are supposed to anticipate economic performance which translates into earnings.

Below is a potpourri of articles illuminating the state of the global economy:

Corporate Default Rates...

Less Awful Economy= Good Markets...

Mark to Make Believe...

FASB and Zombie Banks...

Generation of Denial..

Unemployment Statistics...

I take the view of the Appropriation Bill from Congress which says:

Be Prepared for extraordinary crcumstances

While this rally seems to have firm buying I cannot see the light at the end of the tunnel..those that do, please make sure it is not an on-coming train before you proceed.

The charts are no longer friendly...


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4 Post Comments:

shay ben asulin said...

I'm totally with you on this one, and the articles you have added just affirm my opinion... Anyhow, isn't it really always wiser to be prepared for extraordinary circumstances?

karyn gray said...

Casino Reviews gambling involves the putting of a financial valued property or real cash within the style of gamble that you just ar rewarded heftily otherwise you loose in a very gaudy.

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