Hello Hitesh sir,
We know you don’t follow macro very much but still wanted your perspective on the overall picture.
If we look at real estate it has become too expensive. Rents and home prices are going through the roof in every big city. A family with two incomes want to have only one child. People with stable jobs feel they can’t afford a second kid. There is hardly any hiring in the IT sector. There is a slowdown in the overall job market as well.
Most of the small and midcap stocks have become overvalued.
Somehow (I feel) FED doesn’t have any incentive to decrease rates that can fuel further rally.
But the market keeps on increasing. Wanted to know your thoughts on this conflicting situation.
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