Trump’s rhetoric isn’t driving long-term market trends: Atul Suri

economictimes.indiatimes.com:

«He has got a team. He cannot just implement. He just cannot go and take over Gaza. It is like mind boggling logistics. He has a team. It has to be implemented. And at that stage, things are very different from what he is saying,» says Atul Suri, Marathon Trends — PMS.


So, let us first just I will put the template, that is Atul Suri's template. You get the credit if you get it right. Atul Suri's template is, it is too late to sell. The bull market is not over. The panic and the excesses in the market, I think the time to panic is over and the excesses in the market have normalised. Small and midcap stocks, not everything will go up, but the party is not over. Now, there is one number which everybody is now suddenly started tracking, dollar index. The fascination with dollar index. Every morning we come and say the dollar index upar hai, markets will go down. Is it as simple as one data point which will decide which way flows would move? Dollar goes up, FIIs sell. Dollars come down, FIIs will come back. It cannot be that simple.
Atul Suri: It cannot be.

Obviously, it is not that simple. See, there is a lot into going it also. You go to ask yourself, why is the dollar going up? Why I want it? It is not.

It is not like you run a computer system that you create an inverse relationship between the dollar and Nifty and you trade that. Aaisa nahi hai. It is not as that simple.

But I guess it gives you a larger thing. It does not match day to day. But even if you look at the US, if you look at US, there is so much happening.

I mean, like now Trump is saying, I want to take over Gaza. He came, I mean, pre-election. So, what happened was, if you look at even the dollar bottoming out or bond yields going up, it is very linked to