Yellen's statements have been very clear. They are willing to
do whatever it takes to keep moving ahead. We need to see first quarter
earnings of all companies as the businesses now have to catch up with the
valuations that have run-up.
Japan and Europe are in ZIRP and Scandinavia is
already in NIRP. EMs are with moderate to high interest rate zones and cuts
will be coming. So, US will increase rates but mostly will do it in Sept.
Staggered buying is a must as global money will flow into
equities as bond market yields too are negligible. So, equities have a long
bull run but will be slow and volatile in nature.
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