I think the global problem is here to stay. That’s almost common knowledge and apart from this, we might see cycles with upward movements showing temporary improvement as also the downward spirals. At the global level, the time projections which are being made by Elliott Wave International are probably the most accurate and these range between 2013 and 2016 for a significant possibility of bottoming out. But in the interim period, like I said, we will have several cycles which implies that right now we have had a year’s downturn and probably we are at the beginning of an upward movement in the markets,
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Source: Dalal Street Investment Journal
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