Where is world economy headed?
Many of our frequent readers have asked us if we can predict the future of US economy. Well to be honest, the answer is no one can. We are in a situation where we have never been before. The total money flow in the system is of historic proportions. However we did some research and have aggregated the opinions of noted economist in this article. So what is in future as far as the US & World economy is concerned? If you ask this question to an economist, he/she will never be able to provide one answer. So the current hypothesis is that there is a 50% probability that this is a U shaped recession. Which means we are at the bottom which would remain anywhere between 6 months to 2 years. There is a 30% probability this is a W shaped recession. Meaning that the current period is the calm before the storm. If that is correct, it’s obviously advisable to pull money out of the market at the first sign of a downturn. We would see a massive fall in the economy in October. The recession would las
