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Fabian F.
@Fabianfeuer
10Mo·
4
10 Commentaires
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Oleg@ScorpionfromBW
10Mo
What's going on? 1% down. Is this the end of the world?
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Fabian F.@Fabianfeuer
10Mo
@ScorpionfromBW no doomsday only the ETF is up 26% in one year and suddenly -6% in one month
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Oleg@ScorpionfromBW
10Mo
@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
10Mo
@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
10Mo
I read somewhere that the Indian market has been downgraded by the major banks.
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Kate🦋@Iwamoto
10Mo
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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Saschko@WarrenamBuffet
10Mo
India highly rated, that's what's going on :)
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Thomas@WolfofNersingen
10Mo
It's my best ETF by far for years!
What's going on?
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Tenbagger2024@Tenbagger2024
10Mo
Weren't Scholz and Habeck just in India?
Things can only go downhill now 🙈
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Lucas Lahr@EuroDepot
10Mo
The last sales were always bought again. Very little cause for concern.
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