Budget Reactions: No dramatic change in market trajectory: Aka...

Revulsion is normally the last stage of a bear market, wherein individual investors are repulsed by an asset class and are in the process of vomiting whatever little holdings they have of the asset in question. It is a process that can take time and ...

If investors decide that US equities are good value, the consequences for the Indian market will be dire, writes Akash Prakash. There is today much debate about the attractiveness of the US equity market and the return profile that an investor buying US equities can expect. The bears simply argue that if one uses long-term valuation measures such as Tobin’s Q (which looks at replacement costs), the CAPE ratio (cyclically adjusted price-to-earnings, or PE, ratio using a 10-year average of ...