Chartist Warns: 'Not a Good Time for Equities,' Multi-Month Uncertainty Ahead

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CNBC TV18•20-01-2026, 17:20
Chartist Warns: 'Not a Good Time for Equities,' Multi-Month Uncertainty Ahead
- •Rohit Srivastava, founder of Indiacharts & Strike Money, is holding 100% cash personally and recommends 30-50% cash for clients.
- •He warns of a potential major trend reversal in global equities due to escalating geopolitical issues.
- •Srivastava advises investors to create as much cash as possible, stating it's not a good time to be in equities.
- •Indian equities have seen a significant reversal, with BSE-listed companies losing nearly $300 billion in market capitalization since January 2.
- •The sell-off is linked to global risk-off sentiment following US President Donald Trump's tariff threats over Greenland.
Why It Matters: Expert warns of significant global equity market downturn, advising high cash levels due to geopolitical uncertainties.
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