US enters 'technical recession'. But why is Dalal Street rallying? - Economic Times


7/28/2022 12:00:00 AM2 years 9 months ago
by Amit Mudgill

The US economy entering a 'technical recession' is not good news for India and the world. But analysts said one should not see too much into the GDP print, as other data points in the world's largest consumer economy still suggest resilience. If anything, the…

NEW DELHI: The saying goes -- when the US sneezes, the world catches a cold. But even as the data showed the US economy shrank overnight, the domestic market rallied over a per cent, taking its gains… [+4114 chars]

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