Thoughts are coming into my mind is because of few things. From last few days I am getting following news:
- Rupee is getting stronger
- Inflation is going down
- Crude is going up
- Exports are going up
- Stock market is going up
So is it end of it or just a light which is going to end soon and we have to wait for more or just a feel good factor because of poll?
If you have some points to put or thigns to comment, please do it.
If we are talking about Indian scenario:
ReplyDelete1. Because of the election fever there is huge amount of black money coming in circulation which will boost the economy in for short span.
2. Regarding rupee, inflation and crude I will say that they were at such a level only because demand-supply principle, based on speculation not on realities. So when they fell down they again went to another end of speculation.
3. After assembly election we can expect a further slide in market before getting on the recovery track.
What you say?
-Sachin
This recession is not going to end so easily.
ReplyDeleteIndia is tightly coupled with the rest of the world now and if the ROW is not recovering then it is foolish to be optimistic about the Indian scenario. The foreclosure numbers in US and Europe are far from better while the crude oil prices are readily rising again reaching 60$. The financial impetus by Obama is loosing its sheen already. Exports are down, Communal and terrorist activities are on the up....the world is becoming a plot of Ramsay movies...
But.....If the recession has to end, India and China has to lead the way. Do they have enough power and dough to make that happen?? that is only for the time to say...as of now, I see myself adding another year atleast to the worst recessionary years story I am going to tell my grandkids.
@Gary
ReplyDeleteYou are right as India is coupled with ROW and we cant come out of it so easily. That is what we know from all our knowledge, but the results coming out is showing some kind of decoupling.
In these days world market is going down but india is going up from last some time. indian rupee is trying to get its strength these days and oil is also getting its value back. moreover, indian auto industry is getting its results in positives where world giants are sinking down. we see $1b getting in the indian market every week by FIIs and causing market upward movement.
All these is making me think as are we leading the world to come out of the trouble time now? if you see the world market, BRIC is getting better results than other part of world and so question is still not answered, are we coming out of it? or at least have we started coming out?