Why hurricane IRMA hitting the US and North Korea tensions could make stock markets jittery next week
Edited Highlights
1:17 I believe that there are a lot of negative factors that have suddenly gathered all over and they are going to start reflecting on the markets
1:25 There are some man-made factors and some natural calamities
1:37 In the US, there is a huge hurricane about to hit Florida, in the southern part of the US. That may bring about a lot of problems including economic damage
1:51 This followed after another hurricane in Texas, USA
2:12 There are some other factors such as North Korea that could continue to be a problem
2:44 There are reports that North Korea is on the verge of testing another missile and that could cause jitters in the international markets
3:18 North Korea may not be a long drawn out affair but there could be some short term effects
3:31 Valuations are still high and the markets needs a reason to correct. This could be one of them
4:05 India's still struggling with GST implementation
4:15 If this trend continues, it could impact the GDP even further, and the stock markets though the impact is not likely to be felt immediately