If you are a youtube watcher, you might have come across this narrative - "Recession is Coming". Many youtube channels talk about the recession and giants like Elon, Sundar Pitchai, and Jeff also advised people to spend less.
Actually speaking, we just crossed the recession period and we were almost there at end of the recession. The Market 'advanced' and 'discounted' the impacts of the recession in the last 2-3 quarters and settled down now. The interest rate increasing cycle in the US majorly to "create" the recession and brings down the "Employment" and "Slower Job-market" , in turn people will have 'less money to spend so that 'Inflation' get controlled.
'US job market has been controlled and inflation in the US is 'easing' now.
An interest rate easing cycle is a "Good Period" for the equity market where the corporate sees the revival of consumption.
So please keep away from 'false narratives' from YouTubers. They are not financial experts.
Keep buying all the lows in the market. Keep your SIP running.
Hassan Ali
Siptiger.com
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