Fears of a Slump Rise After Japan, UK Enter Into Recession | Vantage with Palki Sharma

Fears of a Slump Rise After Japan, UK Enter Into Recession | Vantage with Palki Sharma

Two major global economies, Japan and the UK have entered recession. Japan's unexpected slip is being attributed to weaker consumer demand and a sharp fall in its currency. While the UK's worsening economic situation is putting pressure on UK Prime Minister Rishi Sunak and his government. Palki Sharma tells you more.

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Japan | UK | Rishi Sunak | Recession | Firstpost | World News | Vantage | Palki Sharma

#japan #uk #rishisunak #recession #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Natalieneptune]

Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

[savvy.]

G7: let's tank Russian economy by sanctions.
Also G7: we are in recession

[VictoriaMontiel-gbtq]

Successful people don't become that way overnight. What most people see as wealth, a great career, purpose is the result of hard work. 🤑🤑

[Alejandracamacho]

You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

[johnlennon]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[zsekbxz]

Even Japan GDP size becomes fourth, ⭐ still Japan influence and assistance on other nations economy remains so strong 🙂 🇯🇵🇯🇵🇯🇵 👍

[azeemulhasan]

But the USA doesn't believe that two consecutive contractions in economy mean recession.

[oran]

In light of the current economic trends indicating a potential downturn in the stock market and an impending recession, coupled with falling inflation rates, investors are advised to consider diversifying their portfolios. Exploring alternative assets such as gold and crypto trading would be a strategic move to hedge against the expected market volatility and inflationary pressures. This approach is crucial in navigating the complex financial landscape shaped by fluctuating Federal Reserve policies and the broader economic this the insights of a knowledgeable guide like Francine Duguay can be crucial. Her expertise in navigating the nuances of cryptocurrency investments has been the key to understanding and making the most of these emerging financial trends...managed to grow a nest egg of around 4-Bitcoin to a decent 21-Bitcoin in the space of a few months

[anantkumarjha]

Thank god this is not congress government in India

[p_sg]

Here in the UK the gov't and the BoE are passing it off as "shallow and transitory". Wishful thinking!

[bkk]

Nothing and no one can keep growing forever. Circle of life !

[louistan]

The G7, the supposedly wealthiest countries in the world, has been putting up a front for years. But this time, they are all crashing for real.

[GodfreyJames-pcjb]

Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.

[madhukarg]

two identical looking countries dipped into Recession ❤

[azndragon]

Inflation in Japan primarily affects imported products, but it’s not as severe as in the United States. I visited Japan two weeks ago and compared the cost of the same services now to their prices in 2019, before the pandemic. I found that prices have only increased by 10%. One unique aspect of Japan is that real estate doesn’t play as significant a role as it does in other countries. This is because employers in Japan subsidize housing costs for their employees. Consequently, there’s less investment in properties, resulting in lower rental costs compared to the United States.

[g.m.]

Let’s change the numbers to make it better and everything is going well 😊

[oisrisr]

PALKI MADAM, THANK YOU FOR THIS ECONOMIC WINDUP.

[sagarw]

Time to start investing systematically ❤

[davisurdaneta]

Canada is not far off. Many companies here are cutting off incentives/fringe benefits and offering lower wages while the cost of living is skyrocketing.

[selenajack]

Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly