CIA Mole
SENIOR MEMBER
- Joined
- May 1, 2019
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- 3,263
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Saw an economic analysis from YouTube channel which said that electricity consumption is down 13%.
Rather than questioning the ranking of the author is you can challenge the numbers he presented with some facts then your argiment can hold some ground otherwise its garbage. By the way how is the unemployment data ?It's a tiny think tank which does not rank in even the top 30 think tanks in USA.
It was a sonewhat god thinktank but has been on continous decline since 2011.
So nobody important cares what they think
So what ??? I'm expecting the GDP to slip well below 5% and the growth to pick after Q3FY20. Afterall the valuations of almost all top companies are too high, the corrections in both markets and economy was imminent and inevitable.
It's a tiny think tank which does not rank in even the top 30 think tanks in USA.
It was a sonewhat god thinktank but has been on continous decline since 2011.
So nobody important cares what they think
I’m hoping markers take a huge shock have cash sitting aside to deploy
That's not a convincing reply I guess. There is an economic slowdown and that is a fact very well acknowledged by our FM publicly. And it's not just thus Think Tank, almost all major rating agencies across the glob who cover Indian economy as well as the World bank and IMF had re-rated our economy. So I guess those who really matter does care about all these developments.
We are not in any Panic mode right now. There is enough surplus with most LargCap and MidCap companies. It's just that the economic activities have just slowed down and I think it's cyclic. Every few years this should happen so that the weak hands get out and only competitive businesses flourish. The end result should be encouraging.
I'm unsatisfied with the way the current government is handling it TBH.That's not a convincing reply I guess. There is an economic slowdown and that is a fact very well acknowledged by our FM publicly. And it's not just thus Think Tank, almost all major rating agencies across the glob who cover Indian economy as well as the World bank and IMF had re-rated our economy. So I guess those who really matter does care about all these developments.
We are not in any Panic mode right now. There is enough surplus with most LargCap and MidCap companies. It's just that the economic activities have just slowed down and I think it's cyclic. Every few years this should happen so that the weak hands get out and only competitive businesses flourish. The end result should be encouraging.
And arrogant.They seem to be more focused on other non critical issues such as NRC, their response on various economic indicators has been tepid or deflective.
That’s the game - market is a gamble, but I’m talking more than just India, for me US market dropping matters more being based here.