Bubble trouble, a pension plan and Facebook foes4 min read . Updated: 26 Jul 2017, 08:04 AM IST
Decoding the market bubble fears, Pradhan Mantri Vaya Vandana Yojana, and why Sebi is interested in social media
Markets are too high, I will wait for them to cool down before I invest. Nifty broke 10,000 and Sensex is at 32,000, is it too high? We’re in bubble territory for sure. Markets are in an overdrive—this ends badly. Markets are looking ahead and pricing in the structural reform the government is doing. Goods and services tax (GST) will cause markets to drop in the next 2 months—we’re just a few days away from a crash. Market is pricing in the long-term benefits of more taxpayers, less black money and better compliance due to GST.
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