Second Wave of Housing Crisis

As the first wave of Housing crisis and the aftermath can be seen coming to a near end, there is widespread rumours that the second wave might start.

Housing crisis in USA has deepened a lot and now the good credit holders are also started defaulting and only god knows whats going to happen to US Recession and the world economy which relies on the US Economy to a certain extent.

As far as India is concerned, we are yet to come out of the inflation crisis which is bringing down the economy in a greater way as the food prices are going up and
also the cost of fuel etc.

We would expect that crude prices cool off and the inflation numbers come down so that indian markets could cheer up and perform level and come to good levels as
it was earlier.

Lets see what the last quarter or the months after september turn out to be .

With more news on inflation level dropping down, we would expect the bulls to return to the Indian Markets and take the market to new levels.

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