Recession is already HERE

[siva604]

[siva604]

28% drop in 16 days now

Back then it tok 250 days

[Sarvapindi]

Yes officially 

[ShwethaNaidu]

1 minute ago, siva604 said:

Where piggy 🐷

[Peddayana]

arey , stock markets have no sense , they react to tiny news in a big way , wait until there is some good news and it will be up like crazy

impact will be to select sectors like Travel/Tourism

Grocery retail is making a killing meanwhile

 

[Mr Mirchi]

29 minutes ago, siva604 said:

Corona vachindhi ani cheppu vellipodh

pathodu recession ani ooo sollu posts .. impact ekkada ani telusukokunda

 

 

[cloud]

Just a little hope on vaccine and testing kits available .. markets will bounce back .. this is unexpected phenomenon and market does not know how to react and panic mode press chesaaru .. china and south korea have reduction in cases .. so sooner or later things get better

[karthik25]

too early to say...

[JambaKrantu]

25 minutes ago, Peddayana said:

arey , stock markets have no sense , they react to tiny news in a big way , wait until there is some good news and it will be up like crazy

impact will be to select sectors like Travel/Tourism

Grocery retail is making a killing meanwhile

 

+1

[pahelwan]

In 2 weeeks market will bounce back my gut feeling. 

[Amrita]

Entaku em telcharu? Recession or not ?

[no01]

Temp effect undochu....but once this virus thing settles down, market will bounce back. Trump cheppinattu payroll tax etc lantivi isthe, ppl will start spending on tourism as a sign of relief and since they get extra money they will surely spend again. So tourism might bounce back 

[Iriswest]

6 minutes ago, no01 said:

Temp effect undochu....but once this virus thing settles down, market will bounce back. Trump cheppinattu payroll tax etc lantivi isthe, ppl will start spending on tourism as a sign of relief and since they get extra money they will surely spend again. So tourism might bounce back 

Where will they get that extra money from?

[LazyRohit]

Israel vaccine almost finalized ani mana telugu website lo vesadu? True na

[siva604]

Ok guys..  to say, but time will prove you guys wrong.

I personally want stock market and economy to flourish, but this is PANDEMIC.. no one is gonna take cruise for next 6 months. Lots of ppl avoid travel..many more things...

 

I will post after couple of months

 

BYE,

siva