2007: Year of the unknown!

Let’s begin by talking some of the things that will or will not certainly happen in 2007. First for the things that are certain. It will not be a leap year. It has been designated as the International Polar Year. Most of the 2007 will overlap with the ‘Year of the Pig’ in the Chinese calendar. Dates from the 1st of January 2007 until the 17th of February 2007 will be in the ‘Year of the Dog’ in the Chinese calendar.

Well, that’s for China. What about India? For us, 2007 will be a year of taking stock. For the economy, the government and policymakers, it marks the end of the 10th five-year plan, thus raising the need to reassess the targets set in 2002 versus actual performance at the end of the plan period. For the stock markets, unlike the Chinese pigs and dogs, 2007 will most likely mark an intense tug of war between the bulls and the bears. These things are certain!

Now, for things uncertain! Considering the current tight balance, there is less surety on the way the Indian economy will fare in 2007. As for the stock markets, will they be able to repeat their performance of the past two years in 2007 as well? Our answer, “Maybe! Maybe not!” That’s the uncertainty!

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Parting Thought:
  • The first rule is not to lose. The second rule is not to forget the first rule. – Warren Buffett
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One Response to 2007: Year of the unknown!

  1. venkat says:

    when i click on the link under additional readings, it says disabled by google.request your assistance.

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