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Markets likely to be higher over the next two-three years: Vaibhav Sanghavi

Globally, the growth forecasts are getting revised downwards, with inflation being very benign, says Vaibhav Sanghavi, co-CEO of Avendus Capital

Vaibhav Sanghavi

Vaibhav Sanghavi

Puneet Wadhwa New Delhi
Inversion of the US Treasury yield curve and the possibility of the world’s largest economy entering a recessionary phase triggered a fall in equity markets across the globe last week. However, the recovery was equally swift. VAIBHAV SANGHAVI, co-chief executive officer, Avendus Capital Public Markets Alternate Strategies, tells Puneet Wadhwa that looking at the economic data, the US still seems far away from a such a phase. Edited excerpts: 

Have the global markets overplayed the fears of a possible US recession?

Historical correlations on inversion of the yield curve and recessions are strong. One cannot ignore this. However, a recession is extremely

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First Published: Mar 31 2019 | 8:32 PM IST

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