Global investors believe we are in last innings of US bull run, says Udayan Mukherjee

Most of the large global investors who have the choice of investing in any market, admit that we are in the last innings of the US bull run and that the cycle is now beginning to turn, said Udayan Mukherjee post his meetings with various global and emerging market investors.

He said the market is not showing any signs of weakness, however, the portfolios are positioned in such a way that they can quickly get off that footboard.

“Globally, most investors believe we are in cusp of a change, although the change need not happen overnight but realisation has begun to sink-in, probably prodded by volatility seen in 2018," he said.