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India: Bulls Are Running to India, Raising Fears of a Bubble(New Bubble!)
http://www.nytimes.com/2006/04/18/business/worldbusiness/18india.html ^
| 04/18/06
| SARITHA RAI
Posted on 04/18/2006 7:56:45 PM PDT by TigerLikesRooster
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To: Sandreckoner
Outside the U.S., China is already treated as 'a' superpower under the assumption that "before long" it will be 'the' superpower, Great deal of anti-American wish-fulfillment in that sentiment. Russia had Potemkin villages. China is a Potemkin economy.
To: TigerLikesRooster; ex-Texan
The resident expert FR Bubble Expert and Warning Crier "ex-Texan" must be notified immediately.
To: TigerLikesRooster
There isnt really a bubble. The Forward P/E ratio of the Bombay sensex is around 20 which is actually attractive since earnings growth is ableto keep up nicely.
23
posted on
04/19/2006 9:49:27 PM PDT
by
Arjun
(Skepticism is good. It keeps you alive.)
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