Reasons Behind the Massive Losses for Indian Investors in the Global Market Crash
We discuss the three main reasons behind the massive losses suffered by Indian investors due to the biggest crash in the global market. The first reason is the weakening of the US labor market, with job additions decreasing significantly. The second reason is the increase in the US unemployment rate. The third and biggest negative surprise is the interest rate hike by the Bank of Japan, leading to a sharp appreciation of the Japanese yen against the US dollar. Additionally, the escalation of tensions in the Middle East is expected to result in a jump in oil prices, which will be a significant negative for the Indian market.
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Utkarsh Chaturvedi