Volatile markets & the mass hysteria created by the onset of Swine flu captured the headlines for most of the last month. No sooner than the process of economic recovery was seen gaining momentum, we were hit by a bolt from the blue, literally. The failure of monsoons has the potential of derailing the Indian economy as the rural sector continues to occupy a position of preeminent importance even in the current times. Earlier the agrarian output used to be the key contributor to the national GDP, now the rural & semi urban folks constitute a major chunk of our great ‘middle class’ whose consumption patterns decide the course of the many balance sheets. Keep alive the hope for a revival of the monsoon, in the absence of which the Broking industry may as well take a hit. Let us pray for our collective ‘Fortunes’.
The Swine Flu pandemic had been the other issue that ignited our worst fears causing panic amongst the masses & the classes alike. One man’s food is another man’s poison & vice versa too. So watch out for the Pharma stocks. While some players have already made a killing, many others are waiting to do so. In so far as we are concerned, better to get used to this new disease. Its going to be here for quite a while, so gear up all the preventive Do’s & Don’ts & most important stop panicking & think rationally.
Request more of you to voice your views, opinions & whatever on these themes. Don't worry about your views being good or bad or about the language not being good enough, the important thing is to have an opinion & the courage to express it, which we all need to develop.
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