21 hours ago, Android_Halwa said:

2008 taught good lessons for bankers and financial institutions. CCAR ane concept introduce chesi they will evaluate financial health of banks and lenders quarterly...just to avoid the kind of recession we saw in 2008.

Partly, some correction steps are being introduced. Not saying we are slipping into recession but next two quartrers kuda growth peddaga emi vundakappvachu...but 2008 lo chusina daridram aithe malli chudamemo..

factors not part of those risk/stress tests could have the potential to change the economic environment pretty fast

ukraine war/supply chain issues/bad earnings results could trigger low consumption and result in negative gdp growth

things always start first in few sectors and later spill into other areas, 2008 like one is not possible as most of those buying have mostly prime borrowers

 

 

 

 

8 hours ago, veerigadu said:

People who are saying job market is strong should realize something here. 
 

When interest rates are high, companies can’t borrow money that easily. So they won’t take up any upgrade projects. Once those plans take backseat, people will be laid off to some extent. This will trigger some unemployment situation in the market. 
 

Companies will try to operate with essential functional skeleton in dire situations like this.
 

Tech stocks are not doing that good for the last 2 months or so. I don’t think it will be recession. But this will reset this country back to pre COVID times and whoever invested in the last two years will lose all their savings. This bubble will eat them away hard. 

every prediction has the chance to be correct in the next decade when it comes to economy

 

7 hours ago, AndhraneedSCS said:

Unless unemployment increases, there wont be any slowdown in the economy.  I am not seeing any trace of unemployment climbing anytime soon. 

April has a health 450K new jobs created. 

Stock Market and crypto may fall much further as fed is trying to take away liquidity from market.

 

Even if we are in a recession right now, it will not have any impacts like 2008

it will not have impact to desis for sure, but covid has impacted many blue collar workers they will be devastated

On 5/7/2022 at 10:54 PM, futureofandhra said:

how u confirming it?

CBN called him