This may sound super optimistic, but the bottom in US market is close by for short term. Still trend is downwards as per my weekly and daily system.

I am able to find many undervalued stocks here too. India has always been my favorite market though and I am super bullish on manufacturing sector companies.

What are your thought ?

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What’s the question

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Sub-par is always subjective.

There's little reason for equities to trend upward in our current economic conditions. We are just at the precipice as there will continue to be inflation and interest rate hikes. Most haven't began defaulting on debt or losing jobs and the food storages haven't been fully experienced as we are still relying on previous crop cycles. Fixed income, USD, and commodities will continue to be somewhat reliable for returns. Just my simple thoughts.

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Sure the market discounts ahead of time, but you eventually realize the market isn't based on reality. You may get a few months of little movement, but there isn't much reason for upside. For manufacturing like you mentioned, the next few months "holidays" might be rough. Firms are already stating they're pulling back purchasing, while supply chains (FedEx and railroad strike) further erode, and energy and inflation continue to be a problem. The market thinks the FED can stop inflation while the government continues to spend and interest rates are significantly less than posted inflation. Doesn't make sense, but alas that's the "beauty" of the market.

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I hope you’re right.

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Short term means within 12 months

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This is aging well...!!!

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