So, it has finally happened! We now live in the world where two companies have turned to trillion-dollar worth of market-cap and there is just something very unsettling about it. Sure, we understand that oversupply is something that we live with right now and it is inevitable that the best countries are going to get the best and the most support, but it is quite uncomfortable for us. Doesn’t it seem to you that all of the companies are going to start aiming for that number – trillion-dollar market cap?

Even though Amazon was a trillion-dollar business for just a while, when its shares grew to the point of $2050.5 after having added 2 percent to the value it is still right there under the line and we see now that it might be pretty simple for Amazon to cross that line for good.

Right now we are standing at the verge of important decisions that are being made by the big companies. It is very possible that some of the companies who are ‘next in line’ to get trillion dollars are not going to withstand the desire to issue and offer something new in order to attract investors to them and avert them from the competition.

So, essentially it is possible that we are currently on the verge of not only international trade war led by politicians but also of the market-cap war which is going to be led by the big companies of the world. We mean, trillion-dollar market-cap is a privilege and an indicator of trustworthiness of a certain company. For now. But what if every company on the most-profitable list turns to trillion market caps? Are we to expect quadrillion market-cap aims? It is the whole other world and another level of trading as well.

We have nothing against companies fighting for their clients and investors. It is only natural and that is what moves all of the progress forward. But a trade war when we are already facing oversupply of goods and offers in the markets is not something we would want, to be honest. Apple is going to issue new and new iPhone models without pulling the previous models from the markets. And so are all of other companies. And all of the other goods and offers. This is going to become more overwhelming than it already is.

But for us, traders it a good thing. At least for now as the growth like was experienced by Apple and Amazon indicate companies that will surely by profitable with at least a couple of trading strategies. So right now, focus of the markets is going to shift to them and later we will see where this is going to take us.

Turkey and China may have only been the start but these are the economies of the countries that have been supported by international partners for a long time. International boosts are very important in such situations. But there are other countries which are the parts of emerging economies. Like India. We haven’t turned our eyes to India in a long time and it seems that all of traders averted their eyes from rupee [national currency of India] and that turned into some pretty nasty consequence for the country.

According to the numbers, rupee is now the worst-performing currency of Asia. Although annual financial report is only to be presented at the beginning of the next week we can guess – foreign currency debt skyrocketed, external interest has sunk to historical lows, trade deficit grows at a horrible pace and so on. All of that is what happening to almost all of the emerging economies. It’s just that India is experience unpleasant changes the fastest.

What are the reasons? The same as for all of the other countries – tight monetary policy coming from the West. Although India is the third largest economy in Asia it didn’t save its currency from sinking to record low. Right now there is no way for India or any other emerging economies to save the situation. The only thing they can do is wait.

But wait for what? We have been hoping for some political changes in the USA and, as a result, resolving trade tensions in the rest of the world. But it doesn’t seem like anything is going to happen at this point. The impression is that Americans are going to wait until their president is re-elected in a couple of years. But until that Trump has a lot of time in order to do more damage to economies weaker than his own without thinking of the consequence.

It is sad that the countries have no power over their own economies and situation in their own regions. Although another rupee’s problem is the fact that traders turned away from it at the first sign of trouble. And never returned. Lack of interest and attention is what is slowly killing a lot of assets these days. We of course can say that rupee is attractive for all of us to start pouring attention into it and turn away from better performing assets like euro and pound, although each of them has their own problems.

In any case right now we are stuck with no more options but to wait for the right time of recovery here.