February 15, 2010
Investor’s watchman-Things to look for
This year has seen a lot of upsurge in stock market. If last year was a year of great fall, sorrow and depression, this year has seen the confidence coming back to streets. Things might be looking in a good shape, but we need to ask one question, ‘Are they really in good shape?’ because something, as devastating as recession, cannot be healed in few months. It’s a process which should take more time than it has, so we need to be more vigilant while looking for truth. The global economical situation has stabilized but still remains delicate. USA registered a positive GDP for quarter end September but analyst are not sure whether it’s temporary change or sign of recovery. In India, things have been quite different from west, recession has not been here at such a large scale but country has witnessed a slowdown in its economical growth. There has been a complete turnaround in last six months or so.