Tomorrow morning it will be a blood bath in NASDAQ. Some stocks may bleed red the way Reds have bled votes.
But the good news is Indian markets may benefit from the funds fleeing these AI boom markets in the coming months.
This is why I have been saying India needs to reduce the trading taxes a bit sooner. It will further incentivize the inflow.
Dear NRIs in United States,
Make sure you have enough cash at home, securely locked in. Banking systems will face a lot of difficulties in coming times.
Keep instruments of Self-Defence with yourself. Make sure you don’t travel alone to distant places. If you have NRI neighbours nearby, make sure you have good communication established with each other.
If possible, exit America and come back to India or you can consider moving to Zurich, Vienna, Singapore & Monaco.
Thank you.