Emerging Markets: India to Outpace China in…

Ollie Smith: You’ll hear a lot about emerging markets this week, but have you heard this?

India is already the most populous country in the world – overtaking China last year. But it is fast approaching the point where its economy is bigger than China’s.

With such a rise, you can see why Western powers want to get his attention – and why the country’s prime minister seems to have the courage to approach both Kiev and Moscow when both are at war – one with the other.

I think – and this is a personal opinion – this is one of those events that people downplay, but it actually has real significance. It shows that the bargaining power of the country is higher. It also shows that Narendra Modi is now playing politics with the big boys.

Give up politics though. There are plenty of reasons why India – and emerging markets in general – could start to creep more into your consciousness in the coming weeks and months.

The United States has had a double whammy in tech this year, and while this is a huge opportunity for investors to buy the dip, it’s also a reminder that all good things eventually come to an end. And to that end, investors with well-diversified global portfolios will feel the safest.

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