India’s Election is Great for Indian Stocks
May 18th, 2009 | By Ted Peroulakis | Category: Emerging MarketsIndia’s weekend election gives the ruling Congress Party a big win and paves the way for economic reforms.
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India’s weekend election gives the ruling Congress Party a big win and paves the way for economic reforms.
Global stocks flat… Oil falls, trades around $53 a barrel… Europe shares down 0.3 percent, Japan up 1.7 percent… Wall Street facing poor start… Dollar rebounds, bonds rise
If all the musicians in Salzburg had become investment managers with investments in India, I don’t see them on the streets of Bombay either!
So, without further ado, let’s jump into the problem with the Euro. Back in May 2007, we wrote a piece entitled “Part 2-So What Should We Worry About“.
We were hearing some “old” music and my wife turned to me and said, “The music we grew up with stayed longer on the charts because there were not that many new songs. Now, there are so many new songs and so many new bands and singers that “new” music does not stay on the charts for long any more.”