DOW, HANG SENG tumbled above 4 %
no sir. these falls are just to kickstart a great year.
Sir, INDEX falling at such rate - UNDERGARMENTS v nahi bachega stocks me.
Looks like the great fall is just starting… Nifty PE had reached 28+ levels, and the other two times when NIfty PE had reached this high was during Sub prime crisis and Dot com bubble. I came across this article which depicts this in a graph. This article actually talks about the importance of portfolio hedging in the face of a overvalued situation.