Markets did recover (Giri Devanur)

2 months back on Jan 20th , I wrote that Markets will recover

My logic was 3 things will happen.

  1. China issues will be solved by their market regulator. They brought in a new administrator. Problem postponed:-)
  2. Oil prices – I had written “Its a supply side problem. It will get resolved, and should reach around $35-$40 by the end of the year”. Oil is back to $40. 
  3. Fed & interest rates – Fed did NOT increase the interest rate.

So, markets are back., The recovery is on for some time. Will it last through the year is a big question..I hope so!!

Cheers,

IMG_2648Giri Devanur

Share This:

About giri_devanur

I am a technology entrepreneur-CEO, raised multiple rounds of capital, executed M&As and created successful companies. I am a passionate futurist and practitioner of innovation. I have lived in India, California, Kansas, Princeton and a bunch of other places in Europe
This entry was posted in Columbia university, entreprenuer, futurist, Giri Devanur, giri_devanur, innovation. Bookmark the permalink.

Comments are closed.