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

Mr. Giri Devanur is a Serial Tech entrepreneur, from India, who is currently based in the US. Born in a small town called Chikmagalur, Karnataka, India Giri went later went on to ring the Nasdaq Stock Market Closing Bell in New York City. Giri holds a Master of Science (MS), in Technology Management • from Columbia University in the City of New York, and Executive Education from Harvard Law School, and an Executive Education in Innovation at MIT in Computer Science. He was a mentor of – the Executive Master Program-Columbia University. He is an E&Y Entrepreneur of the year award winner and has successfully completed the Nasdaq IPO of AMRH (Ameri100.com). He has helped raise multiple rounds of capital, executed M&A. Giri Devanur is currently the CEO & founder of ReAlpha Tech Corp.

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