Dow & S & P ...down by 10%..........
Wednesday, March 18, 2020
Crude follow up
Crude still not yet formed bottom...
Take care...
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Crude
Crude bleeding as expected...
Crude bottom not yet formed...
Read the chart at your end......and do analysis...
Deutsche Bank....forecast
Deutsche: Prepare for worst slowdown since World War 2
More gloom! Deutsche Bank has forecast a severe global recession will occur in the first half of 2020.
In a new report, it says aggregate demand has plunged in China in the current quarter, and will plunge in Europe and the US in April-June.
They warn:
The quarterly declines in GDP growth we anticipate substantially exceed anything previously recorded going back to at least World War II.
But... they also predict that governments will fight back:
The fiscal response could turn out to be huge, with serious discussion in the US of stimulus packages amounting to 6% of GDP on top of already significant automatic stabilizers. In Europe, the fiscal rules have been effectively suspended and leaders pledge to spend “whatever it takes”.
So, their new forecasts show a precipitous slump in growth, but then a recovery:
Crash Landing
10 days back...yesbank reached our crash landing red level 5 and bounced...(go and check the post)
Now...we identified
One more useless fellow is going to land into crash bottom level.....
Let us see....what happens.... ?
History repeats....cyclical pattern repeats....
Mr.D.Muthukrishnan
Sir..you should also suggest.... ban experts giving buying recommendations at the roop top without any justification....
·
Allow genuine sellers. Ban short selling.
@narendramodi @nsitharaman @SEBI_India @DasShaktikanta
The Chennai Corporation Commissioner
Just In | The #Chennai Corporation Commissioner has said that except for establishments like malls and theatres etc., other facilities such as fruit & vegetable & meat and fish markets will remain open, along with small stores & trade establishments.
3:43 PM · Mar 18, 2020Twitter Web App
Crude
Crude bleeding as expected...
Crude bottom not yet formed...
Read the chart at your end......and do analysis...
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