Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects - Economic Times

“What is happening now is a long lost catch up of the service sector that was missing from action for a long time, plus, the lag effects of easy financial conditions. The government has focussed a lot on capex and bank credit growth is slowly picking up. So, …

We expect the US will enter a recession from Q4 of this calendar year and that is primarily because you have got the Federal Reserve that has been very aggressive. It is planning to hike rates quite … [+6577 chars]

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