BDI's Peaking Impact & Stocks' Barrier

@Vik - I understand your sentiment and partially agree with it, but Test cricket is still the gold standard, and the audiences here in the UK and over in Oz seem to be healthy. It's the test game in the sub-continent that needs a boost, unfortunately all these 20/20 stars will find their star status seriously tested when they have to face a 95mph bowler on a 5th day pitch with uneven bounce

if one can foresee the political agenda then we will know the coming in the stock market.
i wrote few months ago to pimm fox that we are gonna have such creation of value but on the other side that will create a deflationary period for natural resources( only on a decades basis)
the massive regulation if implemented like said el erian and colleagues at milken institute conference will bring a stabilisation period that will help the central gvt widening its deficit and collecting revenues. but this regulation would not forbid capital outflow on the market; macro even driven situation will take place with probable spin off in the model of universal banking model. that will be one avenue to create value (no tar oil sand!!)
the big question is "will this value creation be accompanied by jobs growth or will it be money chasing money with average jobs creation?"

Ashraf,
This rise in Dow / S&P is relentless.
Do you still see a 3-5% correction looming given Dow has surpassed your 11232 resistance level?
Appreciate your thoughts.

Subir

question for those from india and trading fx - how do you get access to the particular market. As in how are you trading euro / gbp / aud etc from india, which broker, what platform/software etc?

@Asad yeah I read similar things about Modi...the guy is shady as they come. Lets's be honest most of the IPL money is dodgy and underworld related. The corporate governance and ownership structures leave much to be desired. I heard there thinking of listing IPL teams on the Sensex...should be interesting!!!