2020 - Outlook
The 2019th year of Christ is ending on an disruptive note. Socially & politically, more than half the country is witnessing violent protests and unrest. People appear anxious and divided. The economy is also witnessing one of the sharpest slowdown in more than a decade. The business and consumer confidence has collapsed. More than half the population is witnessing stagflation, with no to negative change in wages and consistent rise in cost of living. The unemployment is on the rise and manufacturing growth is contracting. The expectations of higher, faster and sustainable growth through political stability have been mostly belied. Geopolitical rhetoric is also higher. The uncertainty over trade conflict and Brexit seems to have eased a bit, but these are far from over. The global economic growth momentum continues to be stuck in slow lane. Despite unprecedented monetary and fiscal support, the growth trend has failed to accelerate in most of the advanced economies. The r...