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Feelin' Good

February 3, 2018

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Businessworld

Optimism is good, but let’s not be foolhardy.

- Chaitanya Kalbag

Feelin' Good

IT IS GOOD THAT WE ARE FEELING BUCKED UP AT THE BEGINNING of 2018. Major economies expect growth in tandem for the first time since the global financial crisis of 2008. World trade is seen growing at a decent clip after two slow years. Commodity prices are firming up — although there is the matter of hardening crude prices that could inflate India’s current-account deficit.

The heaviest snowfall in more than 60 years in the Swiss Alps added zest to the hyperbole at Davos. Few people wanted to remember that 2018 marks the centenary of the end of the First World War.

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