News > Prashant Khemka on why market is rallying in face of bad news

Prashant Khemka on why market is rallying in face of bad news

Economic Times | 29/03/2022 05:58 PM | Click to read full article

Despite bad news from Ukraine, Fed hike, bond yields, crude prices, do you wonder why are markets rallying?

"Historically, maybe at the inception of the bad news when it is a surprise or a shock like the Global Financial Crisis or Covid, the market at times reacts quite violently. But again, like in Covid, it did not wait for good news to start trickling in,” says Prashant Khemka, Founder, White Oak Capital.