November 15, 2016 8:13:06 PM TLT
How demonetisation and Donald Trump's victory impact your investments ?
Demonetisation gave a major hit to the Indian economy but as far as long term vision is concerned, this is actually a great move. Major black money tends to get place in reality and infra side. Infra got a major hit. Stocks are crawling down. It has been observed, people targeting gold for instant investment to safe guard their black money and trying to convert it. Due to this Gold prices shoot up in the actual market. Controversial US president Mr. Donald Trump has given positive wave to the bond market as stock market is dealing with some troubles after election outcome. This looks short term indeed. US Fed policy is due next month. RBI policy will head before US Fed policy. Clash of both the policies will be interesting to watch, how the market will react during the policy time.
For more such news Subscribe with us @ bit.ly/2fV0XYD
This post was edited by Niveza India at November 15, 2016 8:20:22 PM TLT