Test Article

Equity stocks were slammed; gold moved back in bull-market territory; foreign investors stampeded out of the emerging markets; and oil hit a six-month high. It has all been total disarray on the investment front in India as well as in terms of theglobal scenario. While the Indian equities already had heir own problems, what added to the woes on the global canvas was the growing likelihood of a US-led military strike against the regime of Bashar al-Assad. The situation in Syria is quite grim as it would be the clash of titans with the Gulf States supporting the rebels and Assad being supported by Iran, Russia, and even indirectly, China. 

What is scarier is that the rebels group is not a homogeneous mass of people; there are various rebels like some supported by Muslim Brotherhood and some even by Al Qaida. The worst part is they are fighting amongst themselves. Till date the US has not intervened but if that happens, we feel things would get murkier with the strong forces beginning to create havoc and destruction. And it is an unwritten rule that whenever there is any geo-political risk, markets tend to become volatile. This sort of geo-political risk in the Gulf also impacts crude prices.