Saw Little Children today. A contrived plot yet I liked it. Somehow I can relate to weasel Brad. All he craves is acceptance from the young. A boy at heart who simply refuses to grow up. Comparing Sarah to Madame Bovary was interesting.
Emptiness in lives can be perilious. I guess women are better off working than sitting home fantasizing abt an alternate exotic lives. 1850s(Time when Madame Bovary was written) were times when owmen did not have many alternatives (as Sarah explained in movie) . In today's world there are few excuses for such behaviour.
The saddest character was of course Ronnie. Reading his mother's last words "Please try to be a good boy" was very touching. Are people so close to their mothers actually so dysfunctional? I wonder.
Self Castigation
Friday, July 13, 2007
Friday, May 26, 2006
Was it just a market correction?
A very insighetful article. I agree with the line of argument that global markets are looking for returns outside the developed world which is more or less priced to perfection. In such a scenario India is a good opportunity on the back of 7-8% growth rates there are a few killings to be made if you play smartly. But will India story playout in the long run?
Well I do not have that conviction. Services exports driven growth cant take us very far. Any true shift requires mass shift in employment opportunities and services do not allow that shift. And so far as manufacturing is concerned China is way ahead (at leaset 10 years) and still not saturated i.e. China has legs that will carry it forward for at least a decade or more. India can best play a distant second in the race to corner manufacturing market.
All in all I believe its the end of bull run as seen for the last couple of years. From now on its sideways, not beyond 13000 for the rest of year...
A very insighetful article. I agree with the line of argument that global markets are looking for returns outside the developed world which is more or less priced to perfection. In such a scenario India is a good opportunity on the back of 7-8% growth rates there are a few killings to be made if you play smartly. But will India story playout in the long run?
Well I do not have that conviction. Services exports driven growth cant take us very far. Any true shift requires mass shift in employment opportunities and services do not allow that shift. And so far as manufacturing is concerned China is way ahead (at leaset 10 years) and still not saturated i.e. China has legs that will carry it forward for at least a decade or more. India can best play a distant second in the race to corner manufacturing market.
All in all I believe its the end of bull run as seen for the last couple of years. From now on its sideways, not beyond 13000 for the rest of year...