GDP is negative in first quarter and market lost 10% of its value

[veerigadu]

Is it a temporary correction? Or an early symptom for something that’s looming 

db experts please confirm. Already negative GDP recorded and market lost 10% in last 4 months. Inkaaa asal interest rates penchidhiii peddhaaagaaa em ledhu so far other than that 0.25% in March. 

[Raven_Rayes]

neekante experts unnarantaava db lo

anyway most of the mainstream pieces are running with some sh1t about widening trade deficit as the cause for gdp drop, which sounds stupid.

It probably fell because of a huge reduction in govt spending. and should adjust before the next quarter.

[Raven_Rayes]

consumer spending actually rose, so no need to worry about recession.

[AndhraneedSCS]

Basically less products are produced and they were sold for higher costs. I think we all knew this already. 

 

I would not worry unless unemployment raise

[Anta Assamey]

[Netflixmovieguz]

On 4/29/2022 at 3:58 PM, veerigadu said:

Is it a temporary correction? Or an early symptom for something that’s looming 

db experts please confirm. Already negative GDP recorded and market lost 10% in last 4 months. Inkaaa asal interest rates penchidhiii peddhaaagaaa em ledhu so far other than that 0.25% in March. 

Next qtr kooda same expecct seyocchaa?