Aaron Smith, MD, Superfund Financial says the current market rally is on the back of policy actions across developed economies. It is a part of bear market momentum and the up-move could continue in the short term.
Global markets could gain another 15-20% before correcting. Superfund recently closed all short positions across markets but still remain cautious on taking long positions.
Rupee continues sto look stronger vs the dollar and Sensex could gain 30% on rally before correcting.
This guy has been spot on in the last 1 on every micro trend, I put him in the same category as Marc Faber
rytis1 2 years ago