Looking at some world indexes and India is interesting.
Our '80's bull market was 5 years and 2 months and rose about 5.2 times.
India looks like 5 years 2 or 3 months and about 5.something times.
First chart is long term with the bull starting in late '01.
Second is short term and the interesting part is that it hasn't been able to exceed its Feb high.
Tired?
Just as the US was the new kid on the block in the 1920's and the UK was establishment, now China and India are the new kids on the block and the US is estabishment, so don't think a 1929 situation in China and India won't be as devestating on the world as Wall St did 90 years ago.
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Last
8,561.1 |
Change
-69.200(0.80%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |