Quote Originally Posted by alokdhir View Post
Shane Solly has put it very correctly while sharing Guru Listers views ....We went big down in Jan ...now onwards it will be slow grind up with two steps forward and one back at a time . Today is step back time after retracing almost 5% back from 10% drop .

Inflation and rates will be dominant themes for the year but as rising rates reduces valuations similarly rising inflation increases replacement costs too thus making the businesses look cheaper . Rising rates also means economies are running hot ...in such cases stocks are not a bad place to be .

I still think we will end year much higher on index then from here . My pick is close to 14000
Don't fight the Fed.