The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin.
And the first one now
Will later be last
For the times they are a-changin. – Bob Dylan
One wonders if Dylan was singing about the markets and watching the sectors churn by the sidelines.
Well the times they are surely changing as the old sweethearts like Real Estate, Power, Infrastructure etc are going through their phase of PE contraction as money has moved into beaten down sectors like IT, Pharma etc. Equities have made way to commodities and commodities will make way to what i dont know.
The cycle will repeat and the times will keep changing :-).
2 comments:
They sure are, Ninad. On a similar subject I found an e-book which shows how markets influence events and not the other way round. I have posted the link on my blog. You might want to download it.
Hi Mahendra
Will donwload and run thru it.
Ninad
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