Mild Recession in the US may Aid Asian Markets Including India: Credit Suisse’s Dan Fineman (Money Control)

  • “I think that India still has some important strengths … it has a very robust economic cycle and a good structural outlook in an environment where developed markets are heading into a slowdown,” he said. “India’s good growth, I think deserves to trade at something of a premium.”
  • “I think that we can probably expect positive returns for India … you have good earnings growth, there isn’t a strong argument for the market to be derating,” he said. “If the recession in the US is deeper than we’re anticipating, then that would be quite negative for global equities emerging markets.” READ MORE

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