News From Press Easy money is behind us, clearer signs of economic recovery needed: Mirae Asset Global

Easy money is behind us, clearer signs of economic recovery needed: Mirae Asset Global

From a technical perspective, Indian market is well positioned and as people get confidence on economic recovery, despite Covid cases increasing, more flows will come into the country.

The Economic Times Aug 5, 2020

US-China is going to be the tail risk for next 6 to 9 months, says Rahul Chadha, Chief Investment Officer, Mirae Asset Global Investment.

Will I be right in assessing that you are not as bullish as you were a couple of months ago?
Two-three months back, one had valuations in favour and that is where the bullishness came from. A lot of those easy gains have been made. Right now, you are seeing signs of economic recovery and as you get more and more visible signs of this recovery, that is where the cyclical part of the market which is under-owned, is going to give us value.

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