• OUTLOOK ARENA
  • VIEWS ON NEWS
  • MARCH 14, 2007

Is your dream fading too?

"American dream fading for many" goes the title of a lead article on the US news agency CNN's financial website. So, after China, which sent off the global stock markets rolling into panic following announcement of controls on speculative investments, it is the time for vibrations from the US that have rocked the global equity markets, one and all!

Following heavy losses on Wall Street yesterday, when the Dow declined by 2% following reports of an intensifying crisis in the US mortgage lending market, the scar was seen on Asian indices as well, which witnessed heavy volatility today. Stocks in Japan, Hong Kong, Malaysia and Singapore closed down by around 3%. China, Taiwan and Korea were weak by 2%. India is currently trading 3% down.

So, the big questions are:

  1. Is the American dream really fading away?
  2. Will the largest economy lead the world into a recession?
  3. What will be the repercussions on India?
  4. What will happen to your portfolio of investments into Indian stocks?

Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

Equitymaster Agora Research Private Limited (Research Analyst)
103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407