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Showing posts from September, 2020

Out of Woods Albeit

  Bear markets and business depressions are temporary. People do not remain pessimistic forever. - Sir John Templeton   Covid phobia forced all governments across the world to enforce complete lockdown in affected areas while putting restrictions in others. This brought almost all world economies to a standstill. Priority shifted to saving lives than allowing free movement of the people thus bringing world economy to a halt.   Soon the world leaders realized that the public movement and economic activities can’t be restricted for long and they will have to learn to live with it. So they started opening the doors step by step. Already a substantial loss had been inflicted upon the economy. Now is the time to recover and get back to the normal self.   Impact on Markets: Markets reflected these events and in March with both major Indian indices down by over 40% from their peaks. We live in a very optimistic world which presently live virtually. We are witnessing fast paced c