Discover and read the best of Twitter Threads about #gdpinicu

Most recents (2)

Pessimistic sound intelligent but optimistic are the ones who make money.

I am starting a thread which has all the details why should we be positive.

There is a limit to all the pessimism.
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"We continue to be positive on credit. It is a superb asset class even today because valuations are extremely attractive, given the low repo rate"

#StockMarket #GDPinICU Image
Read 4 tweets
State of the Economy through Charts and Tables

As the GDP growth (at 5%) slowed to a 25 quarter low in Q1 of FY 2020, let us examine the various economic indicators to understand the 'real' state of the Indian economy. Here is a thread. 1/13
1) 2-Wheeler Sales - dipped by ~17% in July, 2019. Motorcycle sales fell by 19% while Scooter sales declined by 12%. Scooters sell more in urban India. Motorcycles sell in both urban as well as rural India. The data shows distress in both India and Bharat. 2/13
2) Car sales - saw a massive YoY volume degrowth of 30.3%. Car purchase is a discretionary spending. People buy cars only when they are assured of future economic prospects. It shows that urban economic sentiment is at rock bottom levels. 3/13
Read 19 tweets

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