Take a break from Market and watch the World cup

I think the best thing which one could do at this point is take a break from stock market and enjoy the world cup scheduled to begin from today. Markets are expected to bounce back today as technically speaking it is in oversold zone. But most of the people believe that it will be just a technical bounce back and investors should use that as an opportunity to exit. Marc Faber in his recent report has said that markets are expected to fall further even from these levels and he has suggested his clients to be on a holiday till this October. US markets were also down by almost 1.4% in the after but a technical bounce back later in the day lead to a smart recovery towards the end and the dow jones and Nasdaq closed almost flat. Yesterday global markets were also falling like nine pins as Russia corrected by 5% etc. One should keep in mind that this correction or meldowm in equity markets is lead by changes happening at global levels like hike in interest rate which most of the central banks are currently doing. Our RBI has also followed the suit and all of suddedn it increased the interest rates by 25 basis points yesterday. Bank of Japan is also expected to raise interest rate from current zero percent which is there at that level for the past 5 years. Also, global inflation is at 10 year high at the moment and this has made all the banks across the various countries to hike interest rates. This may definitely hinder the growth of their economies. Gotta go for lunch... so I would suggest you also take a break from markets and get a life.