This Bull Market will climb a wall of worry!

The Greek Crisis, impending reversal of interest rate cycle in US, ebbing of FII interest in emerging markets, emergence of China as a more lucrative option, domestic political problems, Bihar elections and weak quarter one results likely to be announced in July. There are for sure no dearth of problems and worries confronting investors in the current scenario.

 
It is often said that a bull market climbs a wall of worry. My take is that this bull market is no exception and will also play to the same script. In the background of all the above mentioned troubles, markets will find enough traction as equities always tend to look forward. So while the current economic conditions are dismal the road ahead is certainly promising. Government seems to be finally getting into a good momentum with various initiatives like development of smart cities, housing for all by 2022 and Digital India. Economic turnaround whenever it happens is likely to be on a very solid base. Therefore despite all the bad noises have the courage to buy whenever you see any down tick.