Candor Beach

Ep 17: Is Recession on the Horizon?


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#recession #bigshort #deflation

In this episode, we delve into the gravity of the impending economic downturn and its extent. To begin, we delve into the actions of Michael Burry, who has staked $1.6 Billion against the market. By examining Burry's bet, we explore the likelihood of the market sliding into a profound recession. Shifting our focus, we then address the vulnerabilities present in the Chinese markets, along with the downfall of the prominent real estate firm, Evergrande. The conversation extends to include insights about the housing markets in both the United States and China. Concluding our discussion, we assess India's current positioning and its resilience in the face of these challenges.


References

1. Unemployement in India (2008 to 2023)- https://www.forbesindia.com/article/explainers/unemployment-rate-in-india/87441/1

2. CPI for India over 2022-2023- https://www.forbes.com/advisor/in/personal-finance/inflation-rate-in-india/

3. China's Economic Crisis - https://www.youtube.com/watch?v=-fJSS4_lTqA

4. Housing prices around the world - https://www.youtube.com/watch?v=ngG9yxCwjms5. IMF Forecast 2023 & 2024 - https://www.youtube.com/watch?v=aGwM-sYk4P4

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Candor BeachBy Candor Beach