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The last 50 years’ data tells an entirely different story. Let’s see what happens whenever the US economy goes into a recession after that Indian economy starts booming. Are you wondering why this happens? there are 2 reasons
Cheap crude oil cheap money & stable demand is a perfect recipe for India’s growth. Let’s see the example from 2004 to 2006 FED hikes the rates 9 times that period S&P 500 was up 50% & Indian stock market went 100% up in the same period.
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In India, from 2003 to 2008 interest rate was hiked by 5% Nifty compounded by 29%. Again 2009 to 2012 rate was hiked by 4% nifty compounded 17%
So rising rate hikes cause down market is myth data proves it again & again. So take advantage of a current market fall & buy some quality stocks. Many market leaders or even monopoly stocks available at huge discounts. If you don’t want to do the hard work of research & right stock selection DM us on Twitter & get your personalised portfolio.
Pratik Kale - DM on @kpratik28
Bonus Tip: Consider doing fun and different activities every day. This has proven to be a very strong point for many people to turn their day around. Try adding small elements to your daily routine that will have a tiny positive effect on your life. Watching a funny video, reading an inspirational quote, and visiting fun sites like fortune-telling websites, could have a positive effect on your life.
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