On Wed, Sep 17, 2008 at 06:13:38PM +0530, Sajith T S wrote: > http://www.google.co.in/trends > > Do you see what I see? There is panic... at least today.
i don't see what you see. what i see is that google trends is not a good guide to very much. yes, i actually did click on the articles that show up for the search terms. maybe some searchers on google are worried about "infosys firing" but the company just released excellent results and it's stock price was up 4% in a day, other IT firms were up too. ONGC was up 2.7%, ranbaxy was down 8% but that had nothing to do with the economy but because of a US ruling on its generic drugs quality control. random data points with no context do not a useful trend indicate. of course markets will fall everywhere when the "engine of the world economy" slows, but the financial troubles in the US are because of real problems - too many loans given to too many people who didn't repay them - that aren't such problems is many other parts of the world. -r
