Feb
03Is market trying to price in - “WHAT IF”?
Filed Under (Market Observations) by Deepak Singh on 03-02-2010
When market participant fail to make up its mind on how the future looks like - they look at price on the screen to visualize future. The market globally in 2009 ran on expectation of strong global growth in 2010. But in last one month everyone seems to be unsure on shape and size of the recovery. There are “WHAT IF” questions being raised.
Policy makers have been successful in putting in a bottom to the most wrenching crisis and recession of the post-World War II era. Yet the outlook remains uncertain. That’s because the bottoming process, however encouraging, does little to inform us about the character of the coming economic recovery…..Stephen S. Roach
