Tuesday, December 31, 2019

When would recession come!


It is 31st December 2019 and I still remember the day 10 years back that interest rates are going to be low till 2015! It seems now that they would remain low forever.

It has been more than 6 years that I strongly feel that markets would crash. However I have looked as the most foolish person in my prediction. My thesis has two counterpoints

1) All this regulation would save the world.
I am very firm on this that these regulations have been gamed by the companies as always is the case.


2) Last decade, machine learning has increased the productivity of the world significantly.
I am not completely sure about this but it seems very clear that ML is a bubble.

Lets see if I have the last laugh.