is History going to repeat?? Again??
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Are we headed towards a 2008-like situation?
Any big bubble waiting to burst?
The August 2024 employment report showed that the US labour market had cooled more than expected. Bond yields show that traders are bracing for a recession. Even the New York Fed's probability model suggests a 61.8% chance of a recession in the next 12 months. That's the highest since the 1980s.
US inflation was a lot lesser then, it's been a lot higher in this cycle. It was the worse-than-expected jobs report in August, both in 2007 and 2024, that convinced the Fed chair it was time to cut interest rates. History taught us that it was late then, and global markets hope it would be timely and adequate this time.
The 2007 rate cutting cycle too began on Sep 18, like this time in Sep 24
What lessons can we learn from the Great Recession, which started in December 2007 and ended in June 2009?
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these days whole of economy planning by the government is on share markets right from pension so don't think we will have any bubble (even water bubble 😀) to burst, yes will have some blood baths but all will be recovered in less than a week's time, also this is not a healthy/correct way of share market growth as all seems to be manipulated right after Covid, so try to make profits/reach your targets (mainly don't get greedy as you would have had a target of 20L but after getting it might think why not double it and here the problem starts as the % of folks who have succeeded is less than 0.00001) and move out asap for a tension free peaceful life.. 😃
You can't compare 2008 to 2024. All reserve banks and govt learnt lesson after 2008. With US elections soon, markets won't fall. I strongly feel the bull run will continue.
It would be Planned History if it's gonna repeat.
It may go max 20% down don't worry
Nobody wants the common man/retailers to earn.... So this fear mongering keeps on going.....
Indian retailers/ common man has a lot of money and now is becoming financially more aware so.. The market will go on and on and on..... Even if other markets fall... There will be a temporary effect as people will start bottom fishing.... So again up
Us election ke baad hoga jo hoga
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not going to repeat. nothing bad going to happen. nifty will cross 40k.