We are in a central bank bear market; haven’t yet reached point of maximum pessimism in India: S Naren - Economic Times


6/17/2022 12:00:00 AM2 years 10 months ago
by ET Now

“We had a central bank bull market which pulled stocks too much above fair value. Central bank bear market can pull stocks too much below fair value also and we are in that phase where we could be in a central bank bear market and that is a problem at this po…

We are going to be watching the Fed. We are going to be watching Mr Jerome Powell and we will see how long he is willing to allow a central bank bear market. My own view is they cannot afford it to b… [+3828 chars]

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