India GDP Growth - US GDP Growth Spread Sensex in $ terms Y/Y - Dow Y/Y Spread
1997-2009: The rate at which Bharatiya GDP growth outperformed US GDP growth increased from -0.4% to 11.1%. Thus, the excess of Dollar-returns-on-Sensex over the DJIA increased from -40% to +71%. 2010-2020: Bharatiya GDP growth outperformed US GDP growth at an average of 3-4%. Therefore, the Dollar-returns on the Sensex was roughly the same as the retruns on the Dow. Only if Bharat outpaces US at an increased rate of near 7% can we hope for good Sensex outperformance in Dollar terms.
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WHAT'S NEW?
July '22 EURUSD Report
Recession fears and energy crisis in Europe has dragged down Euro to parity. Will Euro now manage to hold above parity or break lower to indicate further bearishness? ...Read More
WHAT'S NEW?
Aug'22 Crude Oil Report
Brent has dipped over the last one month remaining well below $125, testing a low of $94.50 so far in July. Can it break below $90 and head lower indicating a reversal in place? Or can we see a bounce back to $125 and higher? ... Read More
WHAT'S NEW?
July'22 US Treasury Report
The US inflation continues to rise and the Fed is likely to remain aggressive on the rate hikes although a recession in the US is not far away. Under this backdrop, the US Treasury yields have declined sharply in the last one month. Has it made a top or is this a corrective fall within the broader uptrend. ... Read More
