What's behind the global stock market volatility & how it may impact India

Global stock markets went through the ‘Black Monday’ crash this week, and have remained volatile ever since. Why is this, and how will Indian markets fare? Economist Radhika Pandey and Deputy Editor TCA Sharad Raghavan explain in #MacroSutra.
Read the column here: theprint.in/ma...
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1.30 - Indian markets fell relatively less than global markets in the latest turmoil
4.29 - The unemployment rate rose to 4.3% in the U.S, which is the highest in the last 3 years
5.20 - The Sahm Rule indicator showed the U.S. might have slipped into recession
8.18 - On July 31, the Bank of Japan hiked interest rates by 25 bps, which spooked global stock markets
9.45 - The interest rate hike by the Bank of Japan made the Yen carry trade unprofitable
12.26 - The escalating tensions in the Middle East are causing volatility in commodity prices
14.02 - Private sector entities are indicating that their costs are rising, and they will soon pass this on to customers
16.42 - While India won’t see the level of volatility seen in developed countries, it won’t remain unscathed
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[@k2712m]

According to some experts Sahm rule has been a bit late in predicting recessions in the past. Clearly in Us, unemployment is rising, Stocks are falling and bond yields are well below short term interest rates. These are signs of recession.

[@tanmaymehta3514]

Lol the screen read TCS instead of TCA

[@abhijitdeshmukh6902]

Sahi pakde hai