Thursday, March 20, 2008

Things are moving so fast in financial markets

Is this the way things move.

Is this the way they make it move.

Aren't things moving really fast.

From Bull Phase >> Bear Phase >> Sub Prime Worries >> Reliance Power Issues >> US Job data >> Foreclosure >> Writing off losses by various banks >> Indian Union Budget >> Writing off losses by ICICI Bank >> IIP numbers  >> Carlyle >> Bears and Stearns >> JPM buying BnS >> Fed rate cut and other measures >> Banks results >> Fannie Mae and Freddie Mac announcing new insights >> Next what ?????

And yes this has been dotted by various moves / intervention by Fed backed by US treasury

Sometimes I feel is the time not right or everyone was just waiting for such a phase to write off losses.  They were waiting for cleaning their slate as it had been too much under the cover.

One more question that comes to the mind is what were these rating organizations doing and what were the Analysts doing and what what happened to the so called Corporate Governance.  Is the world only of the Capitalists, of the cine stars, of the players and of the POLITICIANS???

What is being baked?  Never does the common man got an idea. 

No comments: