As per the calculation this 23300 pe should go even above 200 - 300 .
To reach 340-350 level
To reach 340-350 level
👍1
Somany hold hai
Glenmark sL given
Nifty holding
Glenmark sL given
Nifty holding
No more trades for the day
Will check this 3.00 PM +
Will check this 3.00 PM +
1.09L investment we are.
22% capital deployed.
That's all.
22% capital deployed.
That's all.
This is a polite way of saying that massive layoffs are coming.
Post Covid companies there was shortage of workers and hence corporations over hired.
Last six months I am observing a very different trend in service sector in North America
There are no mass firings because it gives bad name to the organization...hence small batches of firing is happening on daily/ weekly basis
The positions which are becoming vacant due to resignations are not getting filled
Recruitment firms are telling lower level employees not to try switching jobs and certainly not go for contracting.
Financial services companies management have listened to klarna ceo talking about operational efficiency due to use of AI ( listen to his interviews) and hence they are vary of adding to employee strength.
I am firmly of the opinion that we are looking at significant increase in unemployment.. leading to substantial fall in tax receipts ….leading to much higher fiscal deficits in the form of more free money in western countries.
Post Covid companies there was shortage of workers and hence corporations over hired.
Last six months I am observing a very different trend in service sector in North America
There are no mass firings because it gives bad name to the organization...hence small batches of firing is happening on daily/ weekly basis
The positions which are becoming vacant due to resignations are not getting filled
Recruitment firms are telling lower level employees not to try switching jobs and certainly not go for contracting.
Financial services companies management have listened to klarna ceo talking about operational efficiency due to use of AI ( listen to his interviews) and hence they are vary of adding to employee strength.
I am firmly of the opinion that we are looking at significant increase in unemployment.. leading to substantial fall in tax receipts ….leading to much higher fiscal deficits in the form of more free money in western countries.
One fundamental
Ticking bomb....
It will blast sooner or later....
Check below 👇
Ticking bomb....
It will blast sooner or later....
Check below 👇
The US Treasury estimates net interest costs on federal debt will hit a record $890 Billion in 2024.
This would be $331 Billion higher than a year ago and almost double the amount from 2022.
To put this into perspective, net interest expenses will be ~3% of the ENTIRE US GDP, the most in over 30 years and higher than World War II levels.
Interest payments, on a non-net basis, have already surpassed $1 Trillion when annualized.
Total interest payments are set to reach as high as $1.6 Trillion by the end of the year if the Fed does not cut rates.
Debt crisis is an understatement.
Rate Cut को तो आना ही है... नहीं तो US Banks तबाह हो जाएंगे !
This would be $331 Billion higher than a year ago and almost double the amount from 2022.
To put this into perspective, net interest expenses will be ~3% of the ENTIRE US GDP, the most in over 30 years and higher than World War II levels.
Interest payments, on a non-net basis, have already surpassed $1 Trillion when annualized.
Total interest payments are set to reach as high as $1.6 Trillion by the end of the year if the Fed does not cut rates.
Debt crisis is an understatement.
Rate Cut को तो आना ही है... नहीं तो US Banks तबाह हो जाएंगे !
Whatever upside
It's a stretch..
When the market starts falling
1st target 23206 once it may hit.
It's a stretch..
When the market starts falling
1st target 23206 once it may hit.