Weekly Nifty Update and US Debt

Published: Mon, 12/28/15

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Momentum remains positive

Nifty closed the second week positive, though the weekly gains were small. Breadth was strong as the Small caps continue to lead. Will the 2 week cycle be followed by a pause? It is possible as we head into a usually dull year end. That said making higher bottoms... READ MORE

FED achievement

I have been writing my latest Economic update for some time but here is an insight. Since 2008 India's debt to GDP has risen and not come down.I mean total including public and private credit. But look at this updated chart of the US Debt/Gdp ratio from Dent Research, it shows the the US Debt as a % of GDP dropped from 383% to 323%. So while the FED takes a bashing from critics for failed policy, on the debt front, negative real rates actually helped bring down the debt ratio. What helped further was that unlike India US corporate debt was not rising at a fast pace.

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Rohit Srivastava
www.indiacharts.com
For accurate market forecasting. Market forecasting is a study of past data to assess future probable outcomes. It is our endeavor to discuss high probability outcomes for traders and investors. However this is not a solicitation to buy or sell stocks futures or options or any security. Trading in any financial market should be done with sound knowledge and the help of a qualified investment adviser. Stocks based on the Elliott wave model are based on the Fibonacci fractal of the market and momentum indicators, targets are based on Fibonacci maths and are only indicative of what the mathematical model throws up. This is not a recommendation to buy/sell.
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