Why did markets crash today? | CA Rachana Ranade

"increased the probability of us going into a recession to 25% which they had earlier predicted at 15% in the next 12 months okay so um there are pretty much great chances that us may go into a recession"

"is this pain going to be temporary yes okay so nothing to worry too much about okay it's going to be a temporary thing it's not going to be a permanent thing for sure"

"do you think that there will be one point where this reversal of carry trades are also going to slow down or is this going to be like two three four five months it it'll keep on going on what do you feel is this will this slow down in the near term it has to reverse it has to it has to stop it has to slow down"