How would the release of Chinese PMI data of Monday, July 10, 2017, American Jobs data released on July 7, 2017, rising global tensions and sovereign bond yields impact stock markets? Our weekly stock markets curtain raiser. FundooMoney website: www.fundoomoney.com Sunil Kewalramani Links
Edited Highlights 3:44 Sovereign bonds yields have gone up and Dow Jones suffered on Thursday
3:51 There are geo-political tensions and central banks are turning hawkish
4:05 In India, things have not been all that aggressive. For instance, oil stocks barring Reliance have been coming down
4:17 One of the major developments next week, will the release of data for Chinese Purchasing Manager Index (PMI)
4:31 It would indicate if the Chinese economy is slowing down and if so, world will start to take notice and commodities will also start factoring in
4:44 The second thing is the US jobs data--whether it shows signs of overheating of the American economy or it beginning to slow
5:07 PM Narendra Modi's Israel visit and the arms deals are good for the Indian markets
5: 12 The world scenario is getting more bleak especially with geopolitical tensions
5:30 I expect the downside in the markets to increase from Wednesday onwards
5:43 The selling that I expect, will start for some time. Investors should misconstrue it for an opportunity to make fresh investments
5:56 Geopolitical tensions, increasing sovereign yields are signals for difficult periods for the stock markets
6:03 Indian stock markets will take note of them sooner or later
6:12 Mid cap stock valuations have run ahead of themselves
6:23 In the short term, mid cap stocks are more prone to corrections than others
6:31 Mid cap stocks are susceptible to 25-30% corrections easily in the next 2 months
6:36 Existing investors should book profits and others should stay on the sidelines for these stocks
