TIME FOR REBUILDING!
TIME FOR REBUILDING! The year 2022 is setting in amid a new wave of coronavirus “Omicron” and systematic withdrawal of easy liquidity in the system by several central banks all over the world. Though winds of change tend to create some ripples, they also promise to bring in the good times for the global economy and financial market. Globally the US, the country that really matters, has ambitious capital expenditure plans. Over the next few years, the planned capital investment of around $2 trillion could lift growth rates in the global economy itself. The beginning of the Rebuild America will be having positive implications in the world economy. Domestically, with the withdrawal of easy and cheap money globally, the fundamentals would likely come into play once again. One should consider rebuilding the portfolio with inclusion of large caps and gradual exit from small & mid caps which already had a dream run in the past one year. India is on the cusp of a multi-ye...