Over the past 20 years, from January 1992 to December 2012, China’s GDP per capita grew about 17 times and India’s GDP per capita grew about 4 or 5 times. These are astronomical increases.
Now,… READ MORE ›
With prospects for GDP brightening, it would be an easy mistake to get caught up in the excitement of a return to economic normalcy by pursuing ever-increasing equity valuations. After all, if markets did well throughout the Great Recession,… READ MORE ›