If you want to internalise one RJ superpower, this is it: To understand and act on the fact that stock market returns are lumpy, not even.
Reuters reported last week citing sources that India did not plan to provide fresh financial support to Sri Lanka, as the island's battered economy started to stabilise after a preliminary loan agreement with the International Monetary Fund (IMF).
Fed is going to be cautious and will want to stimulate growth. Developed economies are doing better - the US economy, not quite yet, but trying to do better. All this is good news for growth outlook and hence investors are going to be more encouraged to go to risk assets.
Hey investors! Are you still engaged in gauging your fast-eroding equity portfolio in the last few days? If yes, this piece may give some relief to your brain, jammed with too many apprehensions! And the solution lies in one simple mantra: “Stop panicking!”