Sunday, October 8, 2017

World Markets are in bull trend now and it will remain bullish for another 5 years

After a big crash in 2008, Stock Markets recovered world over. But after that correction, it rallied and has been in sideways trend since then. For the past 2 to 3 years, it started picking momentum. Now the present rally seems to be clear secular bull market. After Donald Trump took over Presidency in USA, the US markets Dow Jones Industrial Average, and Nasdaq started moving up and Dow is making new highs since then. In India, After Narendra Modi took over as Prime Minister of India, Indian Indices started moving up.

Gold started moving down as Gold will be in bear market once the stock market is in bull trend. The fundamentals are good. European Economies are picking up from the recession. And their indices are also started moving up. India's Nifty is trading around 10000. Dow jones is trading around 22700.Japanese Nikkei after testing a low of 7000, it is now trading around 21000.Investors should keep confidence in the bull market and start investing for another 5 to 10 years.

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