Recession.......ed....

"Recession is killing !"

There had been many downswings after Sept'2008. The nightmares started after Lehman brother's and Goldman Sach and big banking organizations surrendered to Sub prime crisis cum chaos in American banking sector(News).

There had been many news of disappointment and pessimistic in nature and in the Yr 2009 beginning, predictions were made that market is not able to recover early....I read an article in Times Of India, Delhi which mentions about a business analyst saying this -

"We should better retire for a year in some far islands" b'coz market will be crashing and there is no hope atleast for a year or even more than that.

In the article, author mentioned about the same analyst again appearing on some news channel and suggesting which are the picks of the markets :-(

An example of business analyst who make predictions which always go wrong.....and they change their statement every now and then ! Don't we listen them in all good times and curse in all the bad times ?

Anyways, There seems to be some optimistic views presented in the TOI, 12th May'2009 which says CHINA, INDIA lead to economic repairment and US, Europe will not be far from recovering....slightly behind potentially greatest economy CHINA and INDIA. Let's hope all settles well and we start listening the business anlaysts which saves them their job.

Wishing Great luck to all.....of US !

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