US Treasury yields remain at elevated levels, adding another source of pressure for global equity markets. The rise in long-term yields has been linked to inflation concerns, higher energy prices and expectations that US interest rates could remain high for longer.
Big tension — quality smallcaps crash from ATH: Route Mobile is down 78%, Happiest Minds 79%, Clean Science 68%, Birlasoft 66%, IndiaMART 64%, Praj Industries 62%, Alkyl Amines 60% and many others 30-60%+. Even good businesses can deliver poor returns when bought at high valuations. Review investments every 3 months, focusing on both fundamentals and technicals.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
