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u/Neither-Side-241 12 hours ago Discussion

Am I wrong?

\\-Defaltion in China is increasing which is bad for equities \\-Usa jobs were less than estimates so fed can't hike rates \\-Oil trading in 83-85$ range ,leading to inflation and Warsh's zero tolerance for inflation makes room to hike . This results in stagflation phase where equities hit hard and money gets pumped to safe assets like silver and gold. \\- Elevated p/e for S and P 500 (pending correction ) And Democrates sweeping senate leading to uncertain fiscal policy in USA makes S And P 500 correct for 10%(to make neutral p/e) leading nifty fall by 5-7%. \\- 23500- 22800 is the level am expecting by Novemeber mid. \\-At this level India becomes super attractive based on October results and we may see a new ATH by 2027 mid.
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