Warning !!! Is It Worse Than 2008?? Global Financial Disaster Is Ahead ?


Market Update

As you all know we are in correction phase from September 2024 but many think we are started going up and in bull move. The thing is we are in a corrective raise, it may end soon  and down move will resume again. It may take another year or more to complete this correction and resume the bull market.  High probability for nifty to touch 19k to 21k zone during the crash.
 


There is very less volatility in market and everyone looks careless and buying stocks , mutual funds etc. Most people are risking on leveraged products like F&O and Margin Trading(MTF), which looks not good in this situation.  Even though if market goes up from here it looks more TRAP than a real move. The VIX is almost near to its lowest levels.


By looking at stocks , there are some stocks in good position to buy some are in the middle and some are in high levels. Some have more corrections left and some have less. Its more stock specific.

Gold and Silver

They look strong and may have more fuel left but buying here is more difficult due to RR ratio. 


US Dollar and Treasury and Debt

Whatever the expected crash is from this. Everything Looks worse in US. dollar dominance started fading. China and Japan Has more us treasury so if they start dumping its going to worst. The so called recession is already there in US, UK , Canada and in most of EU countries. They are not looking in a good position.


Bitcoin

US is pushing bitcoin everywhere. It looks like pump and dump and bad for people who are getting mad about it. This may be one of the biggest financial disaster. Better stay away from it.


AI

Today AI is everywhere and people stopped using their mind and addicted to it. It is there to simplify our work. It is hitting the IT industry very hard. Not only IT also hitting to other sectors also. Why  IT layoffs are more ?. because Indian IT sectors is one of the worst in the world. Why? No innovation No R&D nothing only providing man power , which is now taken over by the AI. People should focus on skill, which is going to be more relevant in future. Core sectors (like, Electrical,Mechanical,Civil etc) will raise again, Along with tourism and agriculture.


NRIs and OCIs

NRI and OCI may face more problem due to these financial crisis. Its better to take good decision soon else they may have to pay big price for it.