3
The decline in US job creation in July and the significant increase in the US unemployment rate to 4.3% have cast doubt on the prospects for a smooth landing for the US economy.
Another contributing aspect is the geopolitical tensions in the Middle East.
Another important element is the unwinding of the Yen carry trade, which is causing the Japanese market to collapse. The above 7% decline in the Nikkei this morning indicates the Japanese market's crisis.
Japan FDI investment is high in Indian stock market, Japan repo rate hike forcing people to pay back loans and not apply for new ones.
Also valuation is too high in Indian market, Zomato earns a profit of 200cr/qtr but valuation is in 2 lakh crs 😳. This is just a example.
finally the real stress of budget showing up FROM ALL THIS FAKE BULL RUNS AFTER WORST BUDGET xD
THIS FAKENESS EVEN LASTED FOR 25,000 NIFTY LOL
Marvelous -> showing market is the king
Dude what? Budget kaha se aaya? Budget ke baad toh 25k hit kiya tha.
World news bhi padh liya karo japan ne int. Rate increase kiya, america usd margin sale se gir raha hai + unemployment rate. USD ka effect india market pe aa raha hai.
Japan interest rate increase
https://x.com/kaul_vivek/status/182032852054514...
tldr - Global investors were getting cheap money from Japan (as interest rates were 0%) and so they borrowed YEN and started investing it into stocks of every growing country (US, India, China etc). Now Japan is raising interest rates and hence the mfs who had borrowed money in YEN are selling their positions before the rising interest rates eat up their profits.
https://x.com/kaul_vivek/status/182032852054514...
tldr - Global investors were getting cheap money from Japan (as interest rates were 0%) and so they borrowed YEN and started investing it into stocks of every growing country (US, India, China etc). Now Japan is raising interest rates and hence the mfs who had borrowed money in YEN are selling their positions before the rising interest rates eat up their profits.
