Falconstar Q1-2024 Private Wealth Advisory Report

Dear Investors,
As the saying goes - time flies when markets are rising, Q1 2024 is off to a breeze start with SP500 , Nasdaq up 10% and NIFTY 500 up 4.75% YTD. As 2024 election year for worldwide democracies and upcoming India Election in May24 + US Election in Nov24, the consensus is that we can expect hyperinflation and continued bullishness in Markets.

Equity In India the 8% + Yields on Corporate Bonds offer good opportunity to park funds in Debt / FDs as Market NIFTY 500 valuations continue to stretch at 25x P/E with no correction in sight.

UK officially entered recession in Q1 2024 but UAE is expecting 4-5% real GDP growth suggesting the markets decoupling unless there is a worldwide event like Covid or geopolitical breakdown.

Attached herewith is the Wealth Report where discipline, asset allocation % and introduction to Value / Momentum Enhanced Index products are suggested for Investors.
 

View complete pdf :Falconstar Q1-2024 Private Wealth Advisory Report

Falconstar Q1-2024 Global & India Equity Report

Dear Investors,
By every valuation metrics like PE, PB the Nifty 50, Large cap proxy of India & Nasdaq / S&P of US are trading 2-std dev above their 15 year averages. While this unprecedented rally of past 36 months can sustain on back of strong IMF real GDP growth % of 2.9% in US & 6.8% in India, the election results in 2nd half of 2024 can cause the markets to lose interest. Additionally, a HOLD in Equities is suggested on back of spill over of Israel Iran conflict.

UAE equity continues to be an undiscovered asset class with < 10 PE, PB & > 5% dividend yields.

Historically, election year has generated +ve returns & there is only reason to see a correction in 2025.

Watch out for participation froth, valuation froth & bad news.
 

Delighted to share the Falconstar Quarterly Portfolio Research Report Q1 2024.

View complete pdf :Falconstar Q1-2024 Global & India Equity Report