On Friday dow jones closed -500 Market is facing multiple ch | VP Financials
On Friday dow jones closed -500
Market is facing multiple challenges
1) IRAN ISRAEL WAR 2) Inflation in US as well as in India still hovering at upper side so rate cuts will act fuel in fire. 3) Due to inflation Reserve banks of world continuing with same interest rate now this will be another issue as demand/consumption will get decreased that will lead to losses to corporates and that will boost the unemployment rate.
It will be interesting to see how market will react in next few weeks.
Ps- This year is an election year for US as well as for India so traders get ready for global turbulence.
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