V Shape Recovery Could Still Happen ?
Given the absolute scale and unusual nature of the Virus and per day increasing cases of COVID-19 economic shock, it is not surprising that most of pundits believe the outlook for recovery is dismal. But key weekly and monthly indicators suggest that a sharp return to growth remains more likely than not.
Since March, Experts have been more open to the possibility of a “V-shaped” recovery from the pandemic-persuade slowdown (though experts have also consistently warned of structural challenges facing many economies in the decade ahead). Whenever commentators have expressed this optimism, we have met with pushback, given the apparent depth and scale of the current crisis. And yet, as we are in July end now, many classic short-term leading and coincident indicators still point to a V-shaped recovery but in India as we can see day by day increasing casses of Covid-19 it seem difficult from now. But when wee look into current high-frequency indicators suggest that a V-shaped recovery is possible. After all, governments around the world have mustered an absolutely massive economic-policy response, settlement with remarkable monetary and fiscal measures. Already, many governments have vastly exceeded the scale of the response to the 2008-10 global financial crisis and recession. It’s all about a market sentiments, lets see what will happen because market trend Also determined by the geo political tensions like currentky we are facing between US and China. Overall indexces are showing positive movement. Also nifty stocks showing positive results which is a Positive sign.