An average investor who has stayed committed to equity thus far should now be averaging down and buying on every dip rather than selling
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
