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Fabian F.
@Fabianfeuer
11Mo·
4
10 Commentaires
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Oleg@ScorpionfromBW
11Mo
What's going on? 1% down. Is this the end of the world?
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Fabian F.@Fabianfeuer
11Mo
@ScorpionfromBW no doomsday only the ETF is up 26% in one year and suddenly -6% in one month
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Oleg@ScorpionfromBW
11Mo
@Fabianfeuer It is also an emerging markets or Asia ETF. And you should know that they are very volatile, even on a daily basis.
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Marc@DerAzubi
11Mo
@Fabianfeuer Well, it's just an ETF on an entire economy. Either something has changed in the economic outlook or it is simply a healthy correction after a 26% rise.
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Kate🦋@Iwamoto
11Mo
I read somewhere that the Indian market has been downgraded by the major banks.
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Kate🦋@Iwamoto
11Mo
Goldman Sachs recently lowered its Indian GDP growth forecasts for 2024 from 6.2% to 5.7% and for 2025 from 6.8% to 6.4%. This adjustment reflects the ongoing inflation and possible interest rate hikes by the Reserve Bank of India, which could slow economic growth. Global uncertainties, structural challenges such as high unemployment and geopolitical risks are also weighing on the Indian economy. Goldman Sachs is therefore cautious about India's medium-term growth prospects.
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SanSebastian@WarrenamBuffet
11Mo
India highly rated, that's what's going on :)
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Thomas@WolfofNersingen
11Mo
It's my best ETF by far for years!
What's going on?
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Tenbagger2024@Tenbagger2024
11Mo
Weren't Scholz and Habeck just in India?
Things can only go downhill now 🙈
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Lucas Lahr@EuroDepot
11Mo
The last sales were always bought again. Very little cause for concern.
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