Couldn't agree more Jordan! The establishment has grown too big and its time for change. Better late than never.

On The Millennials are Coming! -

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.

On India is NOT the next China -