Gavin G

India Faces a Long Bear Market - Barron's

Sorry I meant January 2010


On Jan 04 10:25 AM HR wrote:

> Thanks to Granby honestly, for a good weekend comedy entertainment.
>
>
> All the zombie investment banks from the USA, Europe... want to desperately
> get into Indian stocks at sensex 7000 levels. Granby is either a
> babe in the woods who does not what she is talking or is spitting
> out a coached version about indian economy.
>
> India is one of the few countries with a real decent GDP growth &
> with export to GDP ratio at 13% which is one of the lowest in the
> world.
> With interest rates coming down and commodity prices at record lows,
> Indian stocks should be in another orbit by January 2009.