Market Bulls Argue That 2022 Will End On A High Note

By Author: Vinay Pale
Total Articles: 11
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Even as corporate leaders become more worried about the future, market experts believe stocks will rise in the second half of the year and that India will avoid a recession. They have the figures to show it, as do all excellent statisticians.

Here are the latest arguments from macro bulls on why risk assets could rebound in the second half:

There's little doubt that consumer durable goods prices surged during the epidemic, as stranded people purchased new furnishings at a rate that outpaced supply. There are hints that this is beginning to change.

According to statistics from credit and debit card accounts, Indian consumers continue to spend at a high rate, particularly when it comes to services like travel and leisure. In May, total credit and debit card expenditure increased by 9% year over year.

On the surface, this suggests that the economy hasn't made much progress this year, but it hasn't fallen into any dangerous territory either. They also stated that there is no evidence of a decrease in labour demand. People who are looking for work are outnumbering those who are losing their employment. ...
... Gives a sense of optimism for the days ahead.

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