Uncertainty is The Only Certainty
On this day - 12 December 2015 Uncertainty is The Only Certainty - By Apurva Sheth Apurva Sheth Last Saturday, I attended our housing society's general body meeting. Such gatherings are a good place to catch up with old friends and neighbours. After the meeting, we were discussing issues of general interest when the discussion shifted to stock markets. An uncle from our society asked my friend, a proprietary trader , ' Kya Lagta Hai GST Pass Hoga ?' My friend nodded his head in denial and said, 'Chances of GST [Goods & Service Tax] bill passing in parliament look thin. But more than that, we are concerned about the Fed meeting scheduled on 15-16 of this month. We are fed up with the hike or no-hike scenario every now and then. Its better if the Fed hikes rates and brings an end to this saga...so markets can move on.' My friend was clearly desperate and hopeless throughout this conversation, which was understandable as the market environm...