World economy heading for a recession

The world economy is fast heading for a recession that will only get worse and worse is a prediction by many people in the us.

"you haven't seen the start of the worst yet" are their words

The developed markets have been facing slow growth all of this year and just today, india's growth estimates by the world bank was brought down from 7.7% to 7.5% for next year. This I believe is one of the many downgrades that we will face as we move ahead in the year.

Tough times are here to stay. We need to think about capital preservation bs capital growth in the coming recent times. A ten percent return by banks on fixed deposits seems to be a great idea from what I can see.

Equity investments may not make sense as of now. Go for debt. Be safe.