Global Market- Repeat of August 2007 to January 2008 phase?
This phase was transitory in nature and change in policy was really quick and we will discuss in details.
1) First step – Acknowledging the problem
2) Second step – Change from hawkish monitory policy to accommodative
3) Third step – Stimulating economy again.
We want to clarify that we are trying to draw some parallel comparison and future events and trends as per our understanding and what has happened during August 2007 to January 2008.
Policy response by Central banks globally is similar kind that we have seen in past 20 years which is to provide stimulus and bring interest rate down.
Equichain Wealth Advisors: Market View & Opinion
We believe, change in stance is possible in 13 – 14 December 2022 US Fed meeting or it can be expected in subsequent meeting in February 2023.
We expect market to see healthy rally once there is acknowledgement by US Fed to change its stance. We would like to clarify that we do not jump to conclusion to that a sharp rally will be followed by fall seen post January 2008 and it needs to be evaluated as future development happens.