Your browser is currently set to block cookies. Not all features of our website will work as intended. Please turn on cookies or check if you have another program set to block cookies to allow full website functionality.
Macro Minutes: India, Market Leader or Laggard
- In India, we are likely to see temporary economic bounce before growth returns to pre-COVID conditions. The pre-COVID growth trend had been slowing.
- India implemented supportive monetary and fiscal policy measures to offset the impact of COVID and support economic growth, but India’s history of expanding its deficit is mixed for equities.
- Recent reforms have been modest and are unlikely to create enough optimism for sustained outperformance.