Discrimination faced by Mumbaikars...
If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.
Wednesday, November 27, 2013
Stocks Are Headed Even Higher: Michael Holland
26 November, 2013: Investors certainly have something to be thankful for this Thanksgiving.
Markets are trading at all-time highs with the Dow Jones Industrial Average (^DJI) trading above 16,000 and the S&P 500 (^GSPC) at more than 1,800.
But where can stocks go from here?
"All things being equal, an accommodative Fed means stocks are going higher," says Michael Holland, chairman of Holland & Company, a private investment firm. "Ben Bernanke and Janet Yellen are telling us they are probably still likely to go up and that's the right bet right now."
That said, there is more to this story, he says, noting a lack of headwinds during this period of Fed accommodation is also helping to boost stocks. Europe, Japan and now Iran are less of a threat today than they were 6-12 months ago, he notes.
To his point, the prospect of a deal with Iran boosted the Nasdaq (^IXIC) to 4,000 Thursday for the first time in 13 years.
However, the lack of tailwinds from positive U.S. economic data cannot be ignored. Holland says that if lackluster U.S. economic data persists, the uptick in stock prices cannot go on forever.
Bottom line: "I think what you have to do in these markets, as we've learned since 2008, is be prepared for good surprises as well as bad surprises," he says.