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Poor growth till 2017 !!

Posted by EJ on August 30, 2010 at 3:05 AM

Yes, that is what some of the economist predict and presented their research work on the sidelines of the central banker conference in Wyoming. They have analysed the data of last 15 post eco-crisis and came to this conclusion. The concern is there in every quarter and central banks will run out of ammunition soon as the fiscal situation is not good enough to continue the stimulus worldwide. To cut the story short, it needs other effort to keep the recovery on track as Mr. Bernake put it ....“require appropriate and effective responses from economic policy makers across a widespectrum including private-sector leaders". How do we assess situation in domestic environment? Well, the pvt sector is proactive, govt is supportive "mango people" is optimistic. Only prob is whether these combined can withstand another global slowdown? Moral of the story, upside potential for asset price is limited !!

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