There is blood on the streets and everyone's thinking when will this carnage end? Stocks across the board have fallen anywhere between 50 to 90% in the last one year irrespective of their fundamentals. Is this a synchronized bear cartel hammering that is happening across the globe? It could be. Or it could be a natural manifestation of the socio-economic-political problems that the world is going through at this time. Remember the Mayan calendar ends on 21.12.2012. Is the current carnage a pre-cursor for things to come? Is apocalypse coming?
There is unrest in many parts of the world. There is a huge gap between the rich and the poor. The concentration of power & wealth is right now in the hands of a few. Things are coming to a head for a final, all out battle between the haves and the have nots. So when the rest of the world is in turmoil, it would be foolhardy to expect a smooth ride in the stock markets. The erstwhile normal bullish/bearish cycles have shrunk considerably and volatility has risen multifold.
One thing is certain. The world is changing, and it's changing very rapidly. So the best we can do is to be ready for change. A new scenario will emerge out of the current turmoil and only those who are adaptable will survive.
Cheers!
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