Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, believes India will record the fastest growth of any major economy for the next 10 years. In an interview, he stated that “We do a computerised study that forecasts what the fastest-growing economies will be based on certain key... Show More
Couldn't agree more Jordan! The establishment has grown too big and its time for change. Better late than never.
Hi Graeme, you are right, the starting point does make a difference for any historical analysis. You can negate this by looking at rolling periods. We did this on a 3 year forward basis every month over the long term and it shows India outperforming China 69% of the time. However the point of the chart was to show the relationship between stock market returns and earnings growth and how they have differed between the two countries.