Saturday, September 19, 2009

BOOM IS BACK

After a long hiatus of ongoing recession we are atlast seeing some signs of recovery. The market is getting up like a tiger dying down before rising up again. With exactly one year since the prediction of end of capitalism we at last can see it is not that easy to kill capitalism atleast for this time. I think recession or slow down is a necessary evil, something which like a nagging mother pulls back to the ground saying that money is not something to be squandered around. Anyways after seeing some positive growth we again have a slew of IPOs listed back on the bourses but this time people are careful and not getting carried away by the sudden jump in growth rates and the positive mood. Come Diwali and I think we can expect more of the same as we could just looking for a bloody bull run.

A positive impact really has a great rub on effect on other sectors too. Like we could see a great increase in blockbusters during such times even crap movies do well on just the buyers sentiments. People start buying crap even if they do not need it giving a rise in the retail industry. Wallets become highly volatile getting thicker and thinner by the day. People start preferring computers over mechanical, suddenly the worker in them becomes technorats. Suddenly people will choose finance over marketing in MBA , because the finance sector is doing well. I don’t know the exact pattern but yes the mood around really affects decision making. You have people with no accounting sense predicting rise and rise of companies. You have passports for U.S. increasing because the mama nu motel is doing really well. You have people throwing parties for no particular reasons. You have suddenly a slew of crap channels being launched and a slew of series being launched just to do a quick business. You have mobile phones giving endless features schemes and policies to confuse you with a shit load of data.You have production houses being started up again to do a quick business. All this happens so fast that you simply do not have the time to note the movies let alone the production houses. You have your relatives sons and daughters ( avoiding gender bias) getting picked up by top MNCs or sent US to get trained at something which he already knows.

All this happens until a pessimist like me forsees another debacle another slew of tight monetary policy and another game of allegation and counter allegations. Well that is how the cycle works believe it or not.
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