Synopsis Stock markets once examined every stock for value. Today, value investing is sneered at, and the big boys are rushing into companies that have never made a profit, just as during the dotcom boom, and for the same reason. Losses are seen as a sign of future growth potential rather than disaster. Everybody knows most startups will sink, but nevertheless continue searching for golden needles in a haystack. Swaminathan S Anklesaria Aiyar Consulting Editor, The Economic Times Global stock markets will suffer a major crash within the next year. There. I’ve said it without hedging or qualification. I could have said something more cautious like, ‘The chances of a stock market crash have increased considerably.’ Or, ‘The manic investment in stocks that have never made a profit is going to end.’ Or even, ‘After a bull run of four years, the stock markets are overdue for a major correction.’ Instead, let me stick my neck out. Stock markets in India and abroad have fallen quite a bit this month. But similar falls have occurred in the last four years, including a catastrophic fall when Covid struck in March 2020. Despite the ravaging of economies, stock markets recovered and boomed…. Read full this story
- Energy stocks are the biggest losers of 2019 -- and the decade
- Our India portfolio is changing, new economy is core theme now: Teresa Barger, Cartica Capital
- Testosterone and high finance do not mix: so bring on the women
- Invisible unicorns: 35 big companies that started with little or no money
- The games chasing EVE’s vision of a single shard MMO
- Boeing's 737 production halt could dent U.S. first-quarter GDP
- Boeing's 737 Max halt a sensible move to stop bleeding
- Death of the American Trucker
- The 84 biggest flops, fails, and dead dreams of the decade in tech
View: A big global stock market crash is coming have 291 words, post on economictimes.indiatimes.com at January 25, 2022. This is cached page on xBlogs. If you want remove this page, please contact us.